Member Info for chiromawa

Late trades could be Elphick selling off his freebies to fund his lifestyle personally I’d like to see him gone and replaced with someone with investors interests for most

Debeers raises new year prices by 8 /. Should follow through that gem have a decent trading update

Share price performance may turn out to be a blessing . As I expect most long term holders have loaded up wile cheap. Fingers crossed for 2022.

Looks like the board have gifted them self’s 457000 shares. nothing for the long suffering shareholders have I read this right?

Personally I’d rather be in this stock than out with the sales going on . Feels like the tide is about to turn A good share to own with inflation picking up.At todays price the divi gives a decent return.Some positive news would help.

Would be good to get something to debate apart from the ever decreasing share price with no explanation.I just invent possible sinerieos as I have no explanation to share price fall.

Could be a unhappy major investor we know there is at least one loaned out some shares to a shorter to draw in a hostile predator my preferred option . Or the board doing something stupid .or just lack of interest who knows.

Same old stunt drop the price to stimulate interest I have seen this happen at least 6times since may.The company needs to go private or taken out by a major I’m still holding but losing money now

Why post an RNS to let us know they haven’t sorted a justified complaint . Just adds to negative view . This company is crying out for management to look out for investors interests after all we do own it.

Is anyone holding them to account for the poor performance . I think the CEO has a poor opinion of investors in general . But would be happy to be proved wrong

I can see why the market does not rate this company now . Having owned shares for 20months I was expecting good things here.But there seems to be a few major issues with managment not in investors favour .

Firestone was unlucky to start production from the new plant just as diamond prices started to fall 2017 aprox then covid .so went into care and maintenance to save cash .so is viable .though probably to much for gem with firestones dept .be great if a major scoped both of them up .but gemd share price action tells me that’s not happening

If there were a merger I could except gems recent share weakness .but going forward there would be a stronger company that may gain some market interest .let’s face it if they don’t grow there going nowhere long term . Has to be something like this going on to explain share price weakness in a strong diamond market.

I agree the existing management would need to go if a merger were to take place .does look beyond them going by there track record.no wonder the market is so down on the company.

Ganghoo was a expensive mistake well rid I could go on and on about the merits of buying Firestone put simply there a good fit.

Firestone would cost a good deal more than 5m the plant cost in excess of a £100m let alone the asset itself .I think they would be a good fit .I’d be happy with 1 gem share for 10 Firestone

I still think they could be doing a deal with Firestone diamonds . The company needs to grow and Firestone have a ready to go mine within a few miles of of there mine would explain the weakness

I think management need to explain why share price has lost 1/3 of its value since covid recovery price of approx 78p which was getting near fair value.I’m mystified as to the cr”p going on here.

Same stunt drop share price buyers come in .Only problem each time they do this the share price ends up lower.Good news about find though.

Some thing not right here guess we will be last to know tempted to buy more but will hold fire till we get some answers .