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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Elkedra | LSE:EDN | London | Ordinary Share | AU000000EDN2 | ORD NPV |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.25 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 14.25 | GBX |
Elkedra (EDN) Share Charts1 Year Elkedra Chart |
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1 Month Elkedra Chart |
Intraday Elkedra Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/3/2009 | 16:43 | Elkedra Diamonds - A Sparkler for 05 | 146 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 10/3/2009 16:43 by nickcduk If anyone had a holding in EDN via Selftrade then I would guess you would have received your shareholding in Vaaldiam considerably later than you should have done. The same would apply to the earlier distribution of shares in Uramet as well. The shares collapsed during that period and you would therefore be heavily out of pocket than if you were able to sell them at the earliest opportunity. If anyone is in that situation then please post and I will give you an update on what steps I have taken against Selftrade. |
Posted at 24/4/2007 22:51 by rambutan2 i imagine so, although it looks as though the diamond opp is now fully sorted and up to speed as of march. well worth a read of the quarterly... |
Posted at 23/4/2007 19:39 by nephin If I hold a small amount of EDN nore what will happen after the spin off - what will I be left with? |
Posted at 23/4/2007 09:07 by rambutan2 should help bring some added interest...Elkedra Diamonds NL (ASX: EDN, AIM: EDN) today announced that it will proceed with a proposed spin-off of its uranium and base metal assets in the Northern Territory and Queensland through the forthcoming IPO to raise up to A$7 million and planned ASX listing of newly incorporated exploration company, Uramet Minerals Limited. Elkedra has reached agreement to transfer a high-quality portfolio of uranium and base metal prospects covering some 7,895km2 in the Georgina Basin to Uramet. The decision to divest these assets is consistent with Elkedra's focus as a growing diamond producer in South America following the successful development and commissioning of its Chapada Project in Brazil last year. Elkedra has been issued with 25 million shares in Uramet which, at the time of listing, will be equivalent to 38.46% of the new company. |
Posted at 19/4/2007 08:16 by tartan_penguin2 there was a positive write up in the Fat Prophets mining Report last night over here in Oz. I think this along with the last RNS on production are starting to bring EDN to peoples attention. Long may it continue. I am still dowm quite a bit but think the medium term prospects are very good. |
Posted at 16/4/2007 07:45 by rambutan2 RECORD DIAMOND PRODUCTION AND VALUES FOR ELKEDRA'S 9TH DIAMOND SALE- Highest monthly revenue to date achieved as production continues to increase at Chapada Diamond Project. - Average sale price of US$532/carat (previous average of US$396/carat prior to this sale), delivering sales revenue of US$1,555,599. Elkedra Diamonds NL (ASX & AIM,: EDN) is pleased to announce the results of its ninth monthly diamond sale since the start-up of its 100%-owned Chapada Diamond Mine in Brazil in June 2006. The sale, comprising a parcel of 2,924 carats (5,088 stones), represents all diamond production from Chapada for the period 7 March to 9 April 2007. A record average price of US$532/carat was realised for this sale, delivering total revenue of US$1,555,599. This represents the highest diamond production and average value per carat achieved for any valuation period to date. Prior to this sale the average diamond value for all sales since start up was US$396/carat. This latest valuation period also reflected a significant increase in the number of special high value stones recovered as listed in the following table... |
Posted at 25/1/2007 10:53 by tartan_penguin2 The full quarterly report is quite a good read.... available at Lets hope some of this starts to reflect in the share price over the next few months... |
Posted at 27/11/2006 07:04 by tartan_penguin2 Fidelity dumping partly explains recent share price decline... Why would Citicorp acquire then dump on the same day? seems strange to me? Dear Sir/Madam, RE: SIGNIFICANT SHAREHOLDER NOTICES Elkedra Diamonds NL (the 'Company') has been notified of the following changes in the holdings of 'Significant Shareholders' in the Company (being holders with over 3% of the issued shares in the Company - as defined in the AIM Rules): On 24 November 2006, Fidelity International Limited (and its associates) advised the Company that as a result of on-market sales (the major portion being on 22 November 2006 at a price equating to US$0.3638 per share), its holding in the ordinary shares ('Shares') in the Company had decreased from 7,076,471 Shares (8.9%) to 822,800 Shares (1.03%), and so it is no longer a Significant Shareholder; and On 27 November 2006, Citigroup Global Markets UK Equity Limited (and its associates) advised the Company that on 22 November 2006 it initially acquired and then sold 5,953,671 Shares (7.5%) in the Company at a price of 19p in on-market transactions. For and on behalf of the Board M.D.J. Cozijn Director/Company Secretary cc: Directors - DB/SR/TT S40-01-08 271106 Significant Shareholder Notices.doc END |
Posted at 25/10/2006 07:44 by tartan_penguin2 Diamonds: An Investor's Best Friend?By Jackie Steinitz 11 Apr 2006 at 08:40 AM EDT LONDON (ResouceInvestor.com Leaders of the pack include African Diamonds [AIM:AFD], up 161% following promising results from the AK6 discovery in Botswana in its joint venture with De Beers, and Blina Diamonds [ASX:BDI], which has reported high alluvial grades from its exploration projects in the West Kimberley Field in Australia. Dianor [TSXv:DOR] jumped 300% in the two months to February following an exploration report from its Leadbetter project in Ontario and a buy recommendation by Westwind Partners. The primary driver of the rising share prices is that a fundamental shift in the supply-demand balance for diamonds is imminent. After 25 years of supply surplus the diamond industry is on the cusp of moving into an era of supply deficit, in which pricing power will shift to the miners and explorers. Demand On the demand side, growth has been accelerating. The sales performance through much of the 1990s was disappointing; between 1992 and 1998 diamond jewellery sales grew by just 1% per annum. However a new chapter in demand growth began in 1999/2000 when industry giant De Beers undertook a major strategic review of the business that identified the "opportunity gap" the chasm between the sluggish sales growth of diamond jewellery (where marketing investment by the industry represented just 1%-2% of sales) and the booming sales growth of luxury goods (where the marketing to sales ratio was 10%). De Beers therefore embarked on a new strategy to transform the marketing landscape, to increase marketing investment and branding throughout the industry and to convert the industry from one that was demand-driven rather than supply-led. Growth was kick-started by the millennium opportunity. The buoyant global economy and a campaign which featured captions such as "What are you waiting for? The year 3000?", and "Every Thousand Years or so it's nice to get her something really special for her birthday", spurred demand growth to 11% in 1999 and 8% in 2000. Since then new concepts such as three-stone jewellery to celebrate a couple's "past, present, future" have proved the most successful product since the diamond engagement ring; sales in the U.S. rose from $500 million to $3 billion in just four years. The latest U.S. campaign, "I forever do" aims to tap into the 150,000 wedding anniversaries celebrated there every day of the year. The strategy has also been able to ride the wave of economic growth and expansion of the middle classes in India and China. India is now the third largest market for diamond jewellery in the world; sales have more than trebled in the last 10 years. In China sales have increased six-fold since 1990 and in Shanghai now around 85% of brides receive a diamond wedding ring, up from 3% 15 years ago. Worldwide demand growth has averaged 6% per annum since 1998 and De Beers are anticipating a figure of 7% this year. There is significant potential for future growth especially in China, India and the Middle East. Consider, for example, that even in Shanghai, the most mature of the Chinese markets: fewer than one in five women own diamond jewellery compared with four in five in the U.S. Supply On the supply side growth in production, like demand, has also been accelerating since the millennium after a relatively flat period in the 1990s. Growth since 2000 has averaged 5%-6% per annum in volume. However and this is the nub - for the last 10 years, new production has not been sufficient to meet demand. Demand has been met only by massive destocking by the producers, firstly by the Russians, and latterly by De Beers who have destocked from a peak of almost $5 billion in 1998 to working levels today. De Beers have also achieved further one-off gains by shortening the pipeline which has reduced the amount of time taken to get from mine to consumer and thus reduced the level of working stock. The diamond majors (De Beers, Rio Tinto [TSX:RTP; LSE:RIO], BHP [NYSE:BHP; LSE:BLT] and the Russian company Alrosa) have already invested extensively to optimise production and diamond recovery at all mines. This, together with two new Canadian mines explains the acceleration in production growth since the millennium. But now most of the possible gains have been achieved. Rio last year agreed to invest $910 million to take its Argyle mine underground from 2008 to 2018 even though production underground is expected to average just 60% of the previous open-pit average of 34 million carats per year. Meanwhile diamond exploration has been booming; global spending last year exceeded $620 million, the highest level recorded in the 17 years it has been measured by the Metals Economics Group, with more than 500 projects on five continents. But it takes 8-10 years from discovery to bring a mine on stream. While there are a few new medium-size mines on the horizon such as De Beers' Snap Lake project in Canada, which will come on stream in 2008 and Victor mine in 2009, they will only just compensate for declines anticipated in some of the current mines. The bottom line, according to forecasts produced by WWW International Diamond Consultants, is that production, which totalled 158 million carats in 2005 will stay in the range of 155-165 million carats for the next nine years. For the moment the diamond pipeline is still digesting the final vestiges of surplus stock in the diamond cutting centres. But the combination of encouraging demand prospects, tight supply and rising prices means that the medium and long-term future should be bright; for the miners, for explorers who find diamonds and for the investors who finance the exploration and production. |
Posted at 07/8/2006 10:57 by kenmitch Good posts again ram2. Wish I had never sold any warrants - bought some back. Surprised to read the Investors Chronicle tip - the article wasn't that bullish except on Chapada. Can never understand why magazines like I/C wait until the share price has already rocketed before featuring companies like EDN. Been plenty on this bb since the shares were much lower and the warrants have already quadrupled or more. btw - great to see the Eurovestech share price performing very well recently. |
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