Member Info for DusterMan

I grabbed a nice top up at 4.30. Lovely. This will trend up 100%,

Funding won’t be an issue with this beast, they will be queuing at the door for a piece of this. It’s probably already sorted, just another amazing RNS needed to confirm :))

DownButnotout. Your 150,000 purchase today might well be a very good move, check out the bullish pennant formation on the hourly chart. Someone mentioned it on another chat, and to me it looks good also. Big push up coming soon quite possibly

DownButnotout. I'm sure you will be rewarded. Are you adding to your position? These prices are amazing to add. Lot of talk about this share and potential massive upside. Good luck

Winton has reduced, not a massive amount but still a good sign. Things looking good for a push higher. So undervalued this SP, I can see 20p coming back soon...GLA

Looking good here to smash through 5p soon :))

The price is holding well at these levels, once 8p is broken this should move up fast...

Sorry guys wrong chat, I’m holding here too...GLA

As I thought Marshall Wace has reduced there short position on PDL....it was reported on the 9th but has just been updated on short tracker. Great news

As I thought Marshall Wace has reduced there short position on PDL....it was reported on the 9th but has just been updated on short tracker. Great news

I'm not concerned about the shorts at all. The last noted increase on short tracker was in the 6's..great move that hey...lol. might have closed now. Let's see

I added on the dip yesterday, so undervalued this. Massive upside potential here...

It’s looking like we got a big buyer in the background soaking up the sells, maybe a financial institution at work....a tr1 would be nice to see to prove this :))

Project 2022, an initiative that will identify and drive efficiencies and improvements across all aspects of the business to enable the Company to deliver an initial target of $150-200 million free cashflow over a three year period. Project 2022 will focus on enhancing cashflow generation and reducing net debt to provide optionality to address the refinancing of the bond. The Company is not considering raising equity to refinance the bond.



Project 2022 is a bottom up assessment of the business and is based on the following prudent assumptions:

· flat nominal diamond prices over the three year period;

· the exclusion of any exceptional stones (defined as having a value of US$5 million or greater) from our Cullinan Diamond Mine; and

· an exchange rate of ZAR14 to US$1 in FY 2020, devaluing at 3.5% annually to ZAR14.49 in FY 2021 and to ZAR14.99 in FY 2022.

.

Therefore the initial target of $150-$200 million of net free cashflow in the years 2020-2022 has potential upside in additional cash generation from improved rough diamond prices, a weakening in the Rand beyond the assumptions above and the continued recovery of exceptional diamonds from Cullinan.

Leem1...Petra is not shorted so much, check short tracker for declared shorts. Not even 2%. Companies like kier and metro are near 10% you can see for yourself. Shares go up and down its normal, we just had 3 days of nice gains. If you believe Petra is great value hold, if not sell. Personally I see massive upside and I’m holding and trading. Each to there own.

Just a pullback before the next rise, it’s normal. Add on the dips...it’s clear to see it’s so undervalued. One tiny bit of good news and this will rocket

A fantastic gift of a share price. Should be at 20p now at least, debt will be reduced as project 2022 underway, supply cuts for rough diamonds already implemented. One of the biggest diamond mines closing just next year. No new mines coming online..old mines at end of there lives so more to close in coming years... Rough Diamond prices set to rise. ...Petra well placed for a fantastic recovery. Great Long term investment

I managed to add to my holding on the dip yesterday...I’m very happy :))

Well done to those who sold in the 8’s and bought on the dip. Rising again now. 8p is a resistance point once through that we are on our way

A scoop for stop losses at the start of business, be careful with those. They are crafty and want your shares. We won’t go up in a straight line but another big push could come anytime...