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Rockwell Diamonds Inc RDIAF

Rockwell Diamonds Inc is a diamond mining company. It is engaged in the business of diamond production and the acquisition and exploration of natural resource properties. It is engaged in the mining of palaeo channels and rooikoppie gravels and the recovery of high value and larger karat size diamonds. The company holds interests in Wouterspan, Saxendrift, Niewejaarskraal, and Remhoogte properties.


OTCPK:RDIAF - Post by User

Bullboard Posts
Comment by pdlh456on Mar 24, 2017 11:47am
193 Views
Post# 26026192

RE:Halted

RE:HaltedMore litigation, unfair treatment by this judge but RDI is not affected by the interrim order and its case against C-Rock will be heard June 22nd. It's clear that these collusively fabricated claims against RDI will be dismissed based on the findings of the forensic investigation. I really hope these C-Rock parasites are sued into oblivion afterwards.

"As in the spoliation case with C-Rock Mining, last November 2016, which the Company initially lost and and then won on final hearing, Rockwell RSA, Saxendrift and HC van Wyk are convinced about the merits of their case, and the damages suffered by them, and will oppose this provisional order vigorously. The Company believes that C-Rock Mining clearly chose the liquidation process to expedite spurious disputes.

Rockwell has made significant commercial progress over the last 4 months, and is now less than 3 weeks away from completion of the Wouterspan plant. It will be ramping up production of the mine to full level during the month of April, thus completing the turnaround plan announced in November 2016."
Bullboard Posts