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Bless.....
Hello. I’m new to this investment and am just watching it for now. What caused it to plummet if historically it was much higher?
Thanks that helps me feel better with my holding here! (which is also down)
MrBond,
Nice to know I’m not alone - well down on here but not as much as I was on Yell/Hibu many years ago!
Same beejay a lot of value destroyed since then…
Are you still in Dave?
My first purchase 02/02/2009 @ £2.26 !!!
Got an absolute sh*t ton of these..and all of a sudden I’m nearly up on them..boy when the market moves..it moves.
Gla.
Just seen one year back it was 26.25p
No news up 29% today to 14p day high 6% spread .
Maybe better time to buy AIM shares / small caps is after a rise like this one ?
My broker has just one analysts expecting the price to increase by 195% to 29p as of yesterday.
Since first buy kept falling my sells the highs since then .
looks like 8p on 26th April 2024 one week back was the new low which it has bounced off .
Thank God last trade was a sell I see.
16/03/2018 Sell 103p
24/04/2017 Buy 86p
10/04/2017 Sell 102p
04/04/2017 Buy 93p
23/03/2017 Buy 104p
20/10/2015 Buy 108p
14/10/2015 Buy 110p
Are deceiving me - up 27%?!
It's still not easy to buy any large amounts so I can see the price increasing. Wouldn't it be wonderful if they have hit a rich vein of large stones... The large ones often come around like the No.9 bus.
Just needed to clear the backlog of sells, now diamonds in stock equals a vertical climb when diamond index climbs
Up over 25% today
It has taken a few days for the news to sink in, but finally our patience is being rewarded.
Finally..long may it continue.
Gla.
If you buy 100k it's 9.6p.
They are quoting 11.6 for just 500,000. Come on MM's let me buy.
I'm having difficulty buying this morning.
Wow, tons of cash waiting to fill that bank account!!
The shorters algo needs adjusting to the news flow. I think they will get buggered if they find some more like this.
We are literally holding large diamonds valuing over our present market cap, something has got to give?!?
Gla.
If Gem find a similar stone to the Lesotho Legend then that will be the game changer. That sold for over $40m, that would make a mockery of the current mkt cap. It's highly feasible that they at least find a stone with a higher value of the mkt cap. I would say it's just a matter of time and at this price it's worth the hold.
After analysis i conclude that if we use 2023 metrics as a baseline ( breakeven excluding MMIC ) and calculate each years 2024 - 2036 waste mining outlook, we incur net additional waste capex of 113m and if we look at the ore treated/ grades/ct recovery outlook for each year 2024-2036 we incur net revenue outflow of 97m giving a total net outflow of 210m. But if the average ct price increased by 30% and was maintained throughout period 24-36 we'd see net additional revenue inflow of 413m minus 113m net additional waste capex outflow = net additional inflow of 300m . I think credit facility will be extended this year but additional RCF in 26 will depend on diamond prices, business is priced for failure because that is it's current outlook within 2 years but a recovery in diamond prices would change this outlook and the sp. It appears a viable takeover if strategy was too shut down mine until higher diamond prices, opinions and can anyone explain 167m net book value of PPE stripping asset and deferred tax liability of 79m?
Shabby board, surprised the price is 8p and not 0.008p like my return on investment to keep the registered office in one of the most prestigious locations in the uk and the board in their lucrative remuneration policies. I keep my remaining shares because Ím waiting for a loss to set them against.
My advice to all interested in investing with this company is - look at past performance to see how much of your money you could be giving straight to the directors . Stick it under the mattress at least, hopefully, it wońt slowly disappear.