Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No problems with results. Just tree shake. Back to 59p now. I expect this year to be very positive for gemd. Dividend on the horizon will help as well.
let this year bring 100s.
Gemd is in the best situation ever. Very Low debt, Diamond Index so high, Demand for Diamonds also so high, Possible further sanctions against Russia (who provide 35% of global supply). Imagine gemd are making serious moneys now and their profits will be increasing even more soon. Dividend announcement also is going to help. Let's see what the financial results bring next week. I expect slow and steady share rise above and let this year
chiromawa, that's what came to my mind as well a few days ago. Russia has 25-30% global market share in rough diamond production. Sanctions against Russia this will create supply shortage causing diamond prices to rise further. Great news for the investors however I feel sorry for Ukrainians.
30p yes, but first we will see 20p, hopefully. All the good RNSs have been released for this year, I think. Name change, checked, recourses upgrade, checked... What else is there to pump the price up? I think nothing until next year maybe. Rising lithium prices don't matter as we don't dig just yet.
It went to 23p this morning, and I can see what's coming now. Crazy price will be when it drops to 20p again. Why not. It dropped to 16p a few months ago. You can tell me about resources update, rising lithium prices, amazing IRR, etc, but you have been saying this for the whole year and yet it only reached 28p which is a peak. 20p is coming again. Better sell now while you can and buy back cheaper in a couple of months.
Decided to offload some. Personally I son't trust this share. Should have been in 30s many months ago. And because of that I am hoping this is a peak and that there will be some consolidation soon and another opportunity to buy cheaper. Might go up a few pens higher from here, I might have made a mistake offloading so quickly, but profit is a profit. Anyways I am leaving some shares in case it goes higher. You decide what you want to do. Good luck to everyone
The levels we have seen for the past week (18p) is a perfect buying opportunity for every average investor. Buy now because soon there will be plenty of traders massively buying IRR. Charts suggest this is a bottom and soon this share will fly.
There will be no take over. Mascolo isn't too old yet to leave the project. He will be direct the company to production and long after that. Unless they offer 48p a share.
My post from14 Sep 2021 11:15
"Even after RNS the price is falling today. I am guessing there will be no more news for at least a few weeks from now. Verdict: 18p is coming??"
Guess what, yesterday 18p actually arrived. Do you now believe in my wisdom, people?
Why you keep meowing here people? If you think this is soooo undervalued then buy some shares to make it rise. Jesus!
Why? For the very same reason why it went to 19p 3 weeks ago. Just because Piedmont is funding the project and lithium prices going up it doesn't mean the share price will only go up. A lot of people use charts and trade short term and simply cash in after a decent rise so the road to production will be bumpy in terms of the share price. It will do up and down. A lot of people try to find logical sense in the share price behaviour and that itslf is sometimes impossible to do. However I must say the trend for IRR share price is upwards and in a few years it will be much higher than today. It's just it's never that straight forward and there will be plenty more ups and downs.
Swest, you are saying you are not ramping. A few days ago I wrote something and you said that I was deramping. So when you say something it's ok but when others say something then it's wrong lol.
Truth hurts I know, MickeyMouse. That's why you are trying to be abusive, but your words only make me laugh more.