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3.05 paid this morning
Daisan. Good posts. Nice to see some common sense on the forum. I've been accumulating DCP over the past few years. Buying a small tranch on each dip. However it is a long game, with a bit of patience required.
Despite some tough wider market conditions GEMD keeps yielding quality stones. "In addition to the 314 carat Type IIa white diamond previously reported, another outstanding quality 357 carat Type IIa white diamond was recovered and is expected to be sold in Q3 2015"
Well did a few calcs myself, based on the projected 11.2m Mcap after RTO. Worked out how much of that will be attributable to existing holders. Just like _Tintin_'s PE based calc it comes out around 0.3p share if I've done my sums right. However I suspect soon after RTO the future story will come clear. With DL and JG involved its not going to be a shrinking violet of a share!
Kabaa.... good considered post there. I expect good growth from GIS... moving from private to listed (by RTO) has got to be an indication of ambition and expansion.
news story here http://www.lse.co.uk/AllNews.asp?code=fmrf0fze&headline=Teathers_Financial_Invests_GBP50000_In_FellowListed_Octagonal_ALLISS TEA RNS... http://www.investegate.co.uk/teathers-financial--tea-/rns/new-investment---octagonal-plc/201506151405011848Q/
We could really do with seeing a forward PE projection... DL is talking of rapid growth and dividend payments. I expect GIS have got a lot up their sleeve for the year ahead - so perhaps can't read too much in to the historical numbers. What they are doing now might be a quite different story than what accounts to Mar 2105 will show.
Perfectly put and totally agree. Happy with my existing holding and my top-ups today.
mm's playing a blinder... 1st rule of the casino, the house always wins. ;-)
GEMD is not on AIM, its listing is main market http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=VGG379591065GBGBXSSMM&lang=en
Plenty of volume and some heavy buying.... almost likes its being walked down ??? Unbelievable value at this price with the current news in hand.
Must be day traders getting to 4pm a deciding to take loss?
Getting quoted 13.2p to buy
Riddlers comment was far from idiotic. Hightex has been running on borrowed money for sometime and has now had to go to the courts to seek protection from its creditors - it is now running on borrowed time as well! At this current time they are dangerously close to bust, albeit with some short term protection. Contract wins are desperately needed here.... and if they come to fruition then a good recovery in SP. However purchasers are going to be well aware of the precarious position here and will they risk taking on a contractor that could well run in to serious trouble before project completion? If Hightex can turn this around then a good upside indeed.... however the risk here enormous. Ever wonder why Gunn sold out fast and at rock bottom prices???
The two large 160carat+ stones recovered in January have been sold for $13.5million "These two rough diamonds (a 162.02 carat diamond and a 161.31 carat diamond) both achieved top prices, in accordance with their respective colour, clarity and expected polished yield, at Letšeng's February tender. The 162.02 carat diamond sold for US$11.1 million (US$68 687 per carat) and the 161.31 carat sold for US$2.4 million (US$14 636 per carat)."
Seem to be slowly drifiting down here, just lack of news? Also a lot of tiny (less than £10) automatic sells taday?? No dividend announcement yet either.
Totally agree. Looks like production targets for 2013 have been met, if that has bolstered the previous years balance sheet then this is well undervalued. I see the dividend as the reward for taking the risk on the geographical location. I'm holding for now but might top up depending on funds available. Hoping for a steady earner here.
Steady results from Blanket. www.4-traders.com/CALEDONIA-MINING-CORPORAT-1409320/news/Caledonia-Mining-Corporation--2013-Production-Update-and-2014-Production-Outlook-17773994/
My first post after being a long time lurker on DTM bb... CMCL.... fundamentals look good for an AIM miner - turns profits, returns dividends, cash in the bank, looks undervalued. Suprised its so quiet here - maybe poor sentiment towards Gold ATM is hurting???.