Gem Resources PLC Share Price (GEMR)

Some calcs just for Gravelotte Emerald mine

Low estimate for Gravelotte Emerald Mine 29 million emerald carats .

High estimate 344 million carats

initial sales package sold for low cost of $5 a carat. 29 million would be $135,000,000. 344 million is $1.72 billion and that’s at the low carat cost of $5.

MCAP £2 million

That’s just for Gravelotte mine not including the Zambia asset rare earth minerals project and the Curlew emerald mine in Australia

Considering the chairman owns 50% of shares and 64% of shares in total are held by major holders… this is just awaiting a serious re rate in my opinion

AGM this month and results due by September.. I have a feeling that the below 1p price may not last forever

Just seen Trojan.. all the cheap ones sub 0.45p gone yet again

Big order,just filled borrowed

0.45p to buy .. feels like a momentum run will start soon.. every time it dips it’s bought back up again .. hopefully some results printed before the AGM on the emerald front

Watching and it’s just moved up to 0.3/0.4 again .. despite constant reassurances that this company is not going private including an RNS some still mention it’s not.

AGM soon and hopefully some decent news on emerald mining to come .. at some point the tightly held stock will move … not many others where the chairman owns half the company