Member Info for MrCarats

6% drop on 177k volume wow !!
What a piece of £hite this really is . The fact that it can be so manipulated so easily is beyond comparison..

Directors resignation !! What does he know??

The Volume is an absolute shocker here !!
Bargain of the century has no interest WHY ??

Plus the Volume each day is rubbish which isn't helping !!
No interest here what's so ever.
Sell in May and go away has proved right year on year its guaranteed like a RNS from Petra.
World markets are in a **** slide at the moment bitcon isnt the 100k these analysis were saying before Xmas.
Always the opposite what they say

96p incoming you were all warned!!
I didn't think that RNS would result in a 20% drop but once 115p went it was always going to 96p ..

Never shorted a share !!
The slide continues here keep ramping PVX.
357M Debt is a huge issue here end of. nothing more nothing less .

PVX you bought at 138p as well and you are still 70% up with the share price at 112p to sell !!
You need to really look at your calculations again because it makes zero sense to me .

PVX so you bought in at 65p ??
I think that 65p ( 1.15p old money) was only for one day when the consolidation happened !!
You are a total bu[[shi//er at least we know now what sort of person you are.
A fantasy trader when no more than £100 invested in here please go away and make up stories on another forums.
And by the way I said sell at 86p which in a few months could be a god send.

US market crashing Tin hats tomorrow!!

The decline continues here !!
We are 16p away from 96p and 28p away from 140p.
Place your bets rampers ???

PVX don't count your chickens just yet Man City made that mistake last night !!
I will apologise if this sees 140p but I expect the same if this hits 96p first ??
But I won't hold my breath...

All these sanctions on Russia have accually pushed diamond prices down !!
The demand in China and Asia has fallen of a cliff recently.
115p didn't hold this time so next target 96p ?? If that doesn't hold then new lows will be seen here.
The Market has this priced to fail now.
All them quarterly $45m debt payments have had zero effect.
Look at Gem Diamonds zero debt paying a divi doing buybacks and for what ?? A share that Hasn't stop falling recently.

What a disaster this is !!
I always said something wasn't right here!!
Hopefully a few apologies are in order from all the rampers ??
I won't hold my breath though. Every RNS they put out is followed by a huge decline.
The elephant in house is the huge $357m debt.
Kiss goodbye to Dividends for at least 2 years .

Last parcel averaged $188 a carat !!
This parcel $135 a carat so talk of rising diamond prices is pie in the sky.
Thats almost $35m short on this parcel ??
Where are the rampers on this RNS.
I'm sure someone can sugar coat it ??

Petra Diamonds Limited

Sales results for Tender 5 of FY 2022

Petra Diamonds Limited ("Petra" or the "Company") announces the results of Tender 5 of FY 2022, at which 635,806 carats were sold for a total of US$86.1 million.

Tender 5 FY 2022 ResultsFY 2022
Tender 5FY 2022
Tender 4FY 2022
Tender 3FY 2022
Year to DateDiamonds sold (carats)635,806735,222885,1362,966,875Sales (US$ million)86.1140.6128.4491.4

Like-for-like rough diamond prices decreased by 23.7% on Tender 4 (March 2022), but were up 3.2% on Tender 3 (December 2021), with the balance of price movement attributable to product mix. Strong demand was again evident across all size and quality categories.  The reduction in prices compared to the highs seen in March was in line with other market commentary and as anticipated in our Q3 FY 2022 Trading Updated earlier this month.

Rough diamonds decreased by 23% wow !!
The market doesn't like that even though an extra $83m in the bank.
115p will not hold now 96p incoming???

What a ridiculous comment!!
Why the hell would I want to be another allies.
To many delusional investors in this world. Its going to £5 we are getting a massive Divi cone on please.
A debt pile of $357m has to be reduced to $100m minimum.
So 18 months at least before any dividend payments , big diamonds have completely dried up so let's say 2 years ???
AIMHO

Probably behind the sofa !!
Amazing how all the big diamond finds have dried up ??
Maybe a new scanning machine is needed to check the staff .

Not 50p but 96p is a realistic target!!
AIMHO.
Hit 129p this morning and now down.
Seems to be a seller at that level .

Don't compare Apples with Pears please!!
The markets are getting hammered apart form the US but they will take everything down eventually.
China problems with Covid are serious now even though 89% are va
PDL will break 115p tomorrow??
Let's hope it holds because the next stop is 96p !!
The elephant in the room is the $357m debt here.

2.2p old money says it all to me !!
The Market has serious issues with PDL for some reason.
Bondholders payed 3.4p old so still well underwater.
At least a 50% rise to breakeven for them.
PDL had a £1b mcap with $700m debt not so long ago.
Now £230m mcap with half the debt so what the hell is going on ???