Member Info for redwineday

Wouldn't have happened on Nasdaq....

If new suffers used volumes and margins will improve.

chunky selling

hehe

It's different this time!

12 billion lol..

I'm in here. The SP looks undervalued but to compare the nuts valuations attached to Carzoopla to PDG or LOOK means nothing other than anything with tec in the prospectus means a unhinged valuations if indeed anyone is valuing anything. I'm old enough to remember there last internet bubble in 2000 and this one will end the same way.

LOOK valuation will be unchanged either way unless one of these SPACS decides to bid for it, which I doubt.

I'm wondering if they have decided to stop publishing updates on stones under a certain size. It seemed to do nothing for the SP last year so maybe they thought they were just making a rod for themselves. We shall see on Thursday!

buy some

Averaging down lol

EPS in 2021 needs to factor in cost savings, covid and ghagoo plus 120k cts mined vs 100 in 2020. Assuming flat prices I get to 16cts a share making £1.15.

Good to see the spread narrow here and volume increasing since the results. More interest is what GEMD has needed for some time. The slow 1 or 2% rises per day, keep em coming.

Share register changes are a function of the restructuring, that is debt swapped into equity. I believe what you are seeing is the equity appearing on the register.

right...

The enders have to hedge their risk somehow. Most straightforward way is for them to short the stock.

I agree its safer - no doubt particularly when looks at the outlook for the diamond market.

Question is if Petra will be allowed to go about their business or whether this will be come a hedge fund toy as PMO was for ARCM and looked what happened there!

I would add, if you listened to the webcast, Covid standing costs will be reduced by 2.5m this year Vs last, Ghagoo sale is near completion (finally) saving another 2m, so 4-5m cost reduction in 21 vs 20 plus additional carats adds 10m or so at average of 2020 prices. So we have 15m more before considering any big stones or further market improvement.

Something like 70m EBITDA in 2021. if 20% is returned to shareholders this equates to a dividend on c.10 cents a share.

Interesting to note the short interest going up here. I would say this is likely to increase in the coming weeks.

I imagine the debt holders here will hedging the debt with aa short to insure myself against PDL going bust.

If you listen to Gils last proactive interview he mentioned the partners would be patient with Tullow. He also said a decision by June in terms of target which to me inferred June has some significance in terms of the contract between Tullow, Total and Eco. I would expect therefore we should see some news one way or another by then of Tullow engagement or target drills announced.

$10m stone wit a special dvi would indeed see SP surge. 100p possible here by the summer I think.

Communication is poor. The investor section on their website is a frankly joke for a PLC.

June, July? Better than last year I suppose

Lap of the gods. Other other hand they could pull out a 500ct whopper tomorrow!

oh and 25m cash in hand