Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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All the best to you and all solgers, may your investment prove good. The same to all mining investors, at the moment we all need a change of sentiment.
For good
For gpog
Clever boy
So a year ago you sold out of Solomon Gold and no longer have any of that stock? Clever!
About oil and copper this time last year
In this climate? Be careful
I'm interested to see the results of the auction this week.
So the next higher quality Kagem emeralds auction to look forward to is at the end of this month - from the recent market update RNS - "Gemfields' next auction of predominantly higher quality rough emerald from its Kagem mine is scheduled to take place from 31 August to 4 September 2015." Large buys at 64.75p yesterday pm has led to today's modest tick up.
http://tinyurl.com/qxv7jeg Ian Harebottle, chief executive of coloured gemstone specialist Gemfields (LON:GEM), says cautious and prudent growth will lead to long-term success for the company in China, the world’s major consumer of luxury goods. Although the People’s Republic is not officially in recession - its growth rate has been slowing leading to a devaluation of the yuan. “Our biggest challenge is the global economy. China has been a very good consumer of luxury goods for a while, so we are aware of what’s going on in that economy and the potential knock on effects globally.” Gemfields, for whom Mila Kunis acts as brand ambassador, is one of the stand-out performers in the mining space on the London market. The firm owns luxury jewellery brand Faberge. Today, it reported encouraging figures on production and grades, with cost increases offset by the increased scale of exploration, processing and mining activities at both its Kagem and Montepuez mines.
Can I presume you've sold out? Which sell is yours? Will you buy in again if it reaches 55p, or hope for a lower re-entry point?
Looks like this has topped out and starting to fall back. Low volume profit taking should see this back to 55p soon.
By this date last year there had been a trading update and a Lusaka auction had been held. Let`s hope for positive news soon.
The amount of coverage in magazines and national dailies must have put the firm in front of many new eyes. Small percentage of ruby deposit so far being exploited with greater promise of greater riches. Lastly the promise of new mines with eventual new income and a greater public awareness. Next lot of profit figures should see more money being ploughed into expansion, building for tomorrow.
3 brokers raised their targets on 22nd July - http://sharedealing.nandp.co.uk/broker-views/GEM/Gemfields The largest increase on that ruby JORC RNS on the 22nd was Investec - 69.9p up to 90p
My last post should have said on "average every 8 months". Working back from Nov 2014 it intervals between the auctions of predominantly higher quality rough emerald from the Kagem emerald mine, were 9,7,8,8,8,7 months... An August 2015 auction would be 9 months from the last Kagem emerald auction.
Since 2010 there has been an auction of predominantly higher quality rough emerald from the Kagem emerald mine every 8 months. The last one of these was in November 2014 so an August 2015 auction would be 9 months from the last Kagem emerald auction.
Last year 7th August. A little info perhaps on acquisition of mines in Colombia, Sri Lanka and India. Also progress with sapphire trading in Sri Lanka and emerald trading in Zambia. Not to forget sales office in Dubai, prospecting in Ethiopia and progress of recent Faberge marketing push.
This will be getting a lot of interest very soon!!
before you know it!!!
of big buys coming through...this share is the gem that keeps on giving
volume blue today. someone needs to review target prices with this rns