We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Diamonex | DON | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.50 | 2.50 |
| Top Posts |
|---|
Posted at 29/4/2008 16:13 by aim_trader The directors of DiamonEx (AIM:DON) and Norseman Gold Plc (AIM:NGL) will be hosting an investor presentation on Thursday the 8th May at 6pm with Q&A to follow. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.DiamonEX expects to announce its first diamond sale from the Lerala Diamond Mine in July 2008. Presenting Thursday the 8th of May 5:45pm for a 6pm start. At the Chesterfield Mayfair Hotel 35 Charles Street , Mayfair, W1J 5EB Canapés and wine reception to follow |
Posted at 22/11/2007 18:02 by steric DiamonEx Limited is an Australian based organisation, which has conducted an independently verified and confirmed compliant feasibility study for a mine in Botswana that will be producing 330,000 carats of diamonds per annum. Based on this my calculations give an attributable profit of £4.2 million. With 133million shares in issue the market cap at present is £23 million. This gives one a very undemanding P/E ratio of 5 times and in my opinion the share price could easily double from these levels based on the verifiable income. Other bull points are: · The list of corporate shareholders' is impressive to say the least. · They have 23 other tenement areas in the same region of Botswana that they are investigating and these have as yet have no value attached to them. · New Kimberlite options acquired in the USA refer AIM announcement dated 7th November 07. Should this happen then one can expect an even higher P/E rating as USA assets trade at a premium to African assets. · The Lerala mine is planned to last 11 years up to a depth of 110 metres but management believe that this can easily be to 175 metres depth (which should add another 6 years of life) · Strong growth outlook for Diamonds. Negative points are: · I have been following this share for some time having bought in Botswana some time ago and I can say that although management have delivered everything they promised their investor relations is non-existent. In my experience to date they unfortunately do not reply to e-mails and treat shareholders as mushrooms! In conclusion and in my opinion I do think that the share is a good buy at these levels and that the value will out with time even if it takes a takeover bid. DYOR etc etc. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
