1. Limited exploration and production capabilities - Pangolin Diamonds Corp has limited exploration and production capabilities compared to its peers, which may limit its ability to discover and develop new diamond deposits.

2. Small market capitalization - The company has a relatively small market capitalization compared to its peers, which may limit its ability to attract investment and finance its operations.

3. Limited geographic diversification - Pangolin Diamonds Corp has a limited geographic diversification compared to its peers, which may expose it to greater risks associated with political instability, regulatory changes, and other factors.

4. Dependence on a single project - The company's operations are primarily focused on the exploration and development of the Malatswae Diamond Project in Botswana, which may limit its ability to diversify its revenue streams and mitigate risks.

5. Limited financial resources - Pangolin Diamonds Corp has limited financial resources compared to its peers, which may limit its ability to invest in exploration and development activities, as well as to weather market downturns and other challenges.

6. Lack of established partnerships - The company has yet to establish significant partnerships with other industry players, which may limit its ability to access new markets, technologies, and expertise.