This is becoming ridiculous, Surely the company must issue a statement about what is happening at this mine to cause such a continuous long drop in the share price. Something smells rotten here. All the investment of a brand new mine which should be producing diamonds and now a share price of 6.9 pence!!!
Some good news would be greatly appreciated from FDI if there is any!!! Could be they are still shifting large piles of ore with no diamonds in them!! There has to be light somewhere at the end of this very dark tunnel!
This company has turned from a sure winner into a big time loser, thankful I only re-invested in a small amount of shares!! How on earth could so called experts get things so badly wrong?
following from RNS
The Board of Stellar announces that it is in advanced negotiations regarding a possible share offer for the entire issued and to be issued share capital of the Company by Newfield Resources Limited ("NWF")
Interesting! Australians looking for projects in Africa with a very good offer?? G'day.
Antwerp Tender Facility. Firestone Diamonds. December 6, 2017 to December 12, 2017. Firestone Diamonds. January 29, 2018 to February 2, 2018.
Two sales and guess we will have an operational update next month. Fingers crossed.
Had a large holding in this for many years and of course should have sold when they reached their high but like most of us I didn't, expecting even better. I sold them at the same price I bought them(29p) so didn't lose anything except having the capital tied up for a long time.Their demise is saddening but at the present price think it must present an opportunity as there are obviously large diamonds there which are waiting to be discovered so, being the idiot I am, have bought in again at 12.50. A small tranche I hasten to add. Let's see what happens in the next year!
GL to all.
Egdon only have small exposure on Weald wells. Also problems with fracking permissions at Wressle. Anyway, invested up to the hilt at moment and no spare cash.