Member Info for LuckyLuciano

Of recent FMR LLC holdings crossed below 5%, from 5,14% to 4,99% at the same time SUSTAINABLE CAPITAL LTD bought 2.7million shares. Some rightly questioned why the sp didn't jumped upwards... Could it be that the MM orchestrated this 2 transaction in order to keep the sp low ?

GRAHAMBARNES I am going to rampup this share a bit now... �2.00 share price for me is low as it should be the current price. My calculation approach is as follow: At the moment in 2018 we have founded 1669 catats of large diamonds including one 66ct and one 49ct, in 2017 we founded 990 carats circa. Leaving all the other variable as for 2017, and assuming that come results we will show a conservative profit of $10/15 mil. 679 extra carats of large stones in 2018 at an average price of $55000 x ct = $ 37,345,000 This is profit less 30% for Gov, is to be added to 2017 profit . Total current profit comes at $40mil. Definitely these are calculation made at the back of a cigaret pack, even if I stopped smoking a while ago Maybe I should start again. Anyway bear with me here lol.. Remember $40 mil current at 1.3 �/$ exchange rate makes some 22p earning per share. This is current projected profit without counting any large stone still to be found for the rest of the year. If current PE is 10 for 2017 financial results or: $15mil profit= for a sp of 83p. A PE of 10 at 22p eps makes a share price of �220. Any new large diamond will go straight to the bottom line of share price Normally market anticipate future financial projection (hence the practice to sell once news are out) For gemd it's quite the opposite and this in my opinion is good because I prefer low risk shares. I suppose gemd will become a mix of growth share with a decent income from dividends, this is also what desired by board of directors and large institutions holders, which make the majority of gemd shareholding. So let's wait numbers coming out shortly and see..... bye

GRAHAMBARNES I am going to rampup this share a bit now... �2.00 share price for me is low as it should be the current price. My calculation approach is as follow: At the moment in 2018 we have founded 1669 catats of large diamonds including one 66ct and one 49ct, in 2017 we founded 990 carats circa. Leaving all the other variable as for 2017, and assuming that comes results we will show a conservative profit of $10/15 mil. 679 extra carats of large stones in 2018 at an average price of $55000 x ct = $ 37,345,000 This is profit less 30% for Gov is to be added to 2017 profit . Total current profit comes at $40mil. Definitely calculation made at the back of a cigaret pack, even if I stopped smoking a while ago Maybe I should start again. Anyway bear with me here lol.. Remember $40 mil current at 1.3 �/$ exchange rate makes some 22p earning per share. This is current projected profit without counting any large stone still to be found for the rest of the year. If current PE is 10 for 2017 financial results or: $15mil profit= for a sp of 83p. A PE of 10 at 22p eps makes a share price of �220. Any new large diamond will go straight to the bottom line of share price Normally market anticipate future financial projection (hence the practice to sell once news are out) For gemd it's quite the opposite and this in my opinion is good because I prefer low risk shares. I suppose gemd will become a mix of growth share with a decent income from dividends, this is also what desired by board of directors and large institutions holders, which make the majority of gemd shareholding. So let's wait numbers coming out shortly and see..... bye

By the way.....HELLO.

Thirdman GEMD doesn't produce lower end market diamonds as our diamonds are all "gem quality". The lower end quality diamonds are usually used in industries for cutting, in electronics etc. Gemd diamond are top quality and sold as investment. The problem with lower end quality diamond is that these days is possible to produce synthetic diamonds at lower price capable to replace natural diamond in the manufacturing industries. Fortunately this doesn't happens in Jewels and especially above certain size.

Thirdman GEMD doesn't produce lower end market diamonds as our diamonds are all "gem quality". The lower end quality diamonds are usually used in industries for cutting, in electronics etc. Gemd diamond are top quality and sold as investment. The problem with lower end quality diamond is that these days is possible to produce synthetic diamonds at lower price capable to replace natural diamond in the manufacturing industries. Fortunately this doesn't happens in Jewels and especially above certain size.

Fantastic news looking forward to see financial numbers for H1, with the sale of all these great stones. It appear to be a record breaking year for Gemd.

..just to clarify the imply sp of Stellar once the possible offer will complete will be near 9.7p not 12.7. Also 9.7p is assuming that NWF share price will be at 22.3 $c, by the time the offer closes BUT, considering that the last right issue of 200 million shares of NWF will occur at 15$c, is likely that 6p is more the right offer price for STEL shares.....

With improved dimond recovery and grade including better price per carat, I calculated roughly some 220mil $ revenue and $40mil attributable profit, for a PE around 4. Its very encouraging that large stones are materialising and it bodes well for a fantastic 2018 (finger crossed). The value of 910c stone plus cash at bank and profit for this year sums up to some $100mil plus, without considering identified cost saving. It does seems that there is a very firm floor to GEMD sp at this level....still I view with suspicion the recent share purchase as from late rns.....I mean they bought shares on the 12th with 910 carat stone rns out on the 15th. I will give them the benefit of the doubt and await result, to see if we are on track with cost saving and overall profit margins. On the other aborted mine...any value out of it would be a bonus in my opinion, maybe they could share some dividend with us, or reinvest in some more interesting project. I wonder if any of you as any idea about what would be a reasonable selling price .....�20/30 mil ?? Finally as catalyst I am expecting some more news on the 910c stone regarding tender etc.

https://wcsecure.weblink.com.au/pdf/ARU/01903418.pdf Encouraging to see that supply of NpPr is still in decline till 2020 (see page 9) while demand is in uptrend. Prices should keep strengthen..

My gut feeling tells me that Stellar is much more the real thing compare to PRG. I invested in PRG because the EXEC. CHAIR. Philip Falzon Sant Manduca, claimed to have secured funds for the project. He outright lied to investors. Stellar Karl Smithson seems to be more honest, he doesn't claim to have the finance ready but that they are in talks..... Surely though if I was invested at a loss in Stellar, before averaging down i would with to have certainty of finance been secured.

Yes JimBL anything is possible with these AIM... I still feel the pain from PRG, that was 12k down the drain, with similar circumstances wheres they were supposed to mine two licenses simultaneously for economy of scale. In the end no finance materialised and the company delisted. With Stellar I can see a small light at the end of the tunnel, because it seems the initial investment would require just �6 mill for srtipping and to move current Octea mining equipment, to start trial mining...all need to be seen, but before that I am awaiting issuing of final mining license, conclusion of the sale of the Guinea asset and of the Tongo/Tonguma agreement, which is still in the air.....

So Kilo or kilograms is the same, a quintal is 100 kilos and a ton is 10 quintals so a ton is 1000 kilos. By reaching 5 thousand tons offtake production in 2018, at $6 per Kg. RBW should generate $ 30mil in revenue.

I am trying to asses the long term feasibility of this project. Current production is from a 93 meters long vein that as been already stripped. The geology of this deposit talks of numerous veins of various thickness, ranging from few centimeter to a meter (they are not specific about this so it's all approximate). Also the dept vary from one meter to 25 meters. So assuming the current vein is 5 meters deep and one meter large, by 93 meters in length.....Anyone want to guess what's the extractable tonnage? http://www.thecalculatorsite.com/conversions/weighttovolume.php Moreover I am wondering how easy will be with shovels to excavate a vein 25 meters deep....? In my opinions the economics of this project appear to be good, but there are many unknowns and possibly the biggest of all, is the quantity of resources available to mine, including the cost incurred in finding new veins worthwhile extractions.

Kareevlei produces very high quality diamonds. The average value of all diamonds sold from Kareevlei exceeds USD300 peer carat placing Kareevlei into the top 10 kimberlite mines in the world ranked by average value per carat. ==================================== The above is very encouraging, often low ct/t deposits are high value quality stones. The fact that they are increasing ct/t grade and tonnage processed is derisking any investment in this company. Potential of this miner is very good, never than less the lack of exploration data, especially in regard of the occurrence of large size diamond find, create a bit of uncertainty. In my opinion the game here is to increase production to 30,000 ct per year for a $9mill of revenue. More production will increase the chance of large ct find.

About Octea not developing Tonguma JimBL, I am not sure. Octea is a private company with little or no information about their operations, but the fact that once the Tongo/Tonguma deal is completed, Stellar will have to purchase operational equipment from Octea, to me imply that they are already operating the Tonguma mine, with these equipments. This Tongo/Tonguma deal seems to me set up to to milk Stellar shareholder. I am not invested here and although very tented at this sp, I still remember loosing many thousand on another wannabe miner, due to luck of finance forthcoming.

This AIM company looks another joke to me. A market capital of some �10 Millions for a company in debit, with no tangible assets. Invest at your peril.....

..some of this cash will go for the payments of Tonguma environment license. Is this possible even is Tongo/Tonguma agreement has not been completed yet? Or this Tongo/Tonguma thing is in place just to milk Stellar shareholders for a while, for then Stellar delisting and Octea Mining Limited inheriting also Stellar License?

I was reading that the Owner of Octea trough BSG Resources a privately owned company is Beny Steinmetz. Beny Steinmetz is currently been investigated for bribery. Why would Stellar need to join forces with BSG Resources, when they could develop their asset profitably in the first place, given the high grade (ct/t) of their license?

...believe you me regarding "no words of an investor coming", in my experience it is better like this. I still remember of Paragon Diamond and its chairman "Philip Falzon Sant Manduca" shouting about having secured finance, for then the company been delisted apparently due to lack of funds. What a jock was that..... Remember the name is"Philip Falzon Sant Manduca" RUN AWAY IF YOU SEE THIS NAME.