RE: Russian Diamonds.15 Mar 2022 08:52
I said this Friday gekko and got slated for it !!
Parabolic rise is a new one to me I have to say.
I have said many times before the market has this priced to fail miserably.
Don't get me wrong 3.6m carats a year at an average selling price of $188 is impressive but the market is not interested even at $250 it wouldn't care .
Look at oilys with the oil price rise all mostly down pre war scenario.
Diamond shares no different.