CAPITAL MARKETS

Bonaparte shares sink

BONAPARTE Diamond Mines' share price suffered a 62.7% drop on Friday to 14c and a further 21.4% hit in morning trading today, after it revealed its first phase sampling program in the Joseph Bonaparte Gulf off the West Australian coast failed to recover marine diamonds.

Chris Cann
Bonaparte shares sink

The Bonaparte Seabed Sampler (BoSS) took 327 individual sample “bites” with an approximate surface area of 1.1sq.m from the seabed at 117 locations over the Lacrosse Scour Basin, offshore from the Cambridge...

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