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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Stellar Diamond | LSE:STEL | London | Ordinary Share | GB00BYZ5QT80 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSTEL
RNS Number : 5294N
Stellar Diamonds PLC
09 August 2017
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
9 August 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")
Change of Registered Address
Stellar Diamonds plc (AIM: STEL) announces that the Company's registered address has changed to 40 Bloomsbury Way, Lower Ground Floor, London, WC1A 2SE and the Company's telephone number has changed to +44 (0) 20 7164 6371 with immediate effect.
About Stellar Diamonds plc
Stellar is an AIM listed (AIM: STEL) diamond development company focused on the 4.5 million carat high-grade and high value Tongo-Tonguma kimberlite diamond project in the world famous diamond fields of eastern Sierra Leone. An independently generated mine plan, based on over 66,000m of drilling that has been completed to date, envisages the production of over 4 million carats, generating gross revenues of more than US$1.5 billion, over a 21 year life of mine. Initial production at Tongo-Tonguma is scheduled to occur in the first year of development, building up to over 200,000 carats per annum, with a weighted average modelled diamond value of $239 per carat. The Tongo-Tonguma kimberlites have the potential to be the highest dollar per tonne of any kimberlites in Africa yielding a Post-tax NPV(8) of US$104 million attributable to Stellar and an IRR of 31%
** ENDS **
For further information contact the following or visit the Company's website at www.stellar-diamonds.com.
Karl Smithson, Stellar Diamonds plc Tel: +44 (0) 20 CEO Stellar Diamonds plc 7164 6371 Philip Knowles, Tel: +44 (0) 20 CFO 7164 6371 Emma Earl Cairn Financial Advisers Tel: +44 (0) 20 Sandy Jamieson (Nominated Adviser) 7213 0880 Jon Bellis Beaufort Securities Tel: +44 (0) 20 Limited (Joint Broker) 7382 8300 Martin Lampshire Peterhouse Corporate Tel: +44 (0) 20 Finance (Joint Broker) 7469 0930 Rory Scott Mirabaud Securities (Financial Advisers) Tel: +44 (0) 20 7878 3360 Tim Blythe Blytheweigh Tel: +44 (0) 20 Nick Elwes (Financial PR) 7138 3204
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
August 09, 2017 06:03 ET (10:03 GMT)
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