Diamondcorp Share Discussion Threads

[runwaypaul] 13/10/2016 18:48

“We are concentrating on returning capital to shareholders"

only in AIM

[grannysnuffs] 13/10/2016 15:27

bud the 500k is a formality in the current market, some one like darwin or ya global will do that, lets not forget this firms producing and selling, next week the mine is back open, so back to 3's before bigger placing of £3m IMO

[darcon] 13/10/2016 15:25

What price if they can raise the 500k and the halt is lifted in a week?

[grannysnuffs] 13/10/2016 15:06

gone blue in SA

[grannysnuffs] 13/10/2016 14:46

your not the only one fella, i am in for a few at 1.55 as well, this has been sold down on panic and a badly worded rns, reversal to the 2's imho

[deanroberthunt] 13/10/2016 14:08

it's worth 0p

[keifer derrin] 13/10/2016 14:02

just looked in to see if I'd made a mistake and selling up...am shocked....company have been appalling - although not there fault about suspension.....

iiCB - I think you are brave, hope it comes good.....

I will keep an eye on this company as might sneak back in for a few...but guess will see from future notices...

good luck.....

[pharmoutcomeszzz] 13/10/2016 14:02

If you look over your posts just today, your logic defies belief. I think you've just answered your own question in post timed at 12.17.

[iicb] 13/10/2016 13:03

They sure are having bad luck at the moment that is certain. Never rains but pours

[apfindley] 13/10/2016 12:26

Ouch.Bad week for dcp.The funding wasn't a major concern, but being realistic it may not even go ahead now because of the notice issued today.Terrible timing.

[purple11] 13/10/2016 12:22

phaps PL should take a paycut to @£25ka year like normal ppl.Hes certainly not worth a penny more.
why cant the directors stump up the 500k?how much have they taken out of it over the yrs?

its like legalised fraud how these sorts of companies list and fleece and comeup with nothing.

where did the diamonds go?they cant put them up as security?

not a holder but have to say......
stinks.

[purple11] 13/10/2016 12:20

another AIM farce.

how much money have they fleeced the market for over the years?

[iicb] 13/10/2016 12:17

pharmoutcomeszzz - who'se the fool now?

[iicb] 13/10/2016 12:16

The deterioration of this company is shambolic. I cant believe how much has been lost in past few weeks. PL's reputation is currently in tatters unless he can turn this around and quickly.

[hpcg] 13/10/2016 11:59

And thank you too Ged. I'll keep watching even if a fear the brick wall is now feet away. I like to think this board has kept a relatively level head, especially thanks to Tiger60. No doubt on the LSE this is an amazing buying opportunity.

[ged5] 13/10/2016 11:18

Under the circumstance I think it's inappropriate to say "sorry to lose you". It's been good to communicate with you. All the best with any other investments you have.

[hpcg] 13/10/2016 11:07

Well I no longer have a token 50,000 holding.

[ged5] 13/10/2016 10:48

Oh FFS how many more accidents can there be?

500K to keep it as a going concern. Is that just to keep the £331487 remuneration to the directors intack?

What has happened to the diamonds they said they had ready for sale in October?

I smell a rat! Have we all been had?

[patientcapital] 13/10/2016 10:34

Great tip!!

[iicb] 12/10/2016 21:07

Thanks that really has helped my mood

[goldpiguk] 12/10/2016 20:47

Hi,
Having been an investor here a few years ago I still receive emails from DCP when they put out a statement so though I would look in here after receiving an email today.

I have the greatest respect for Paul Loudon, but his imperative has always been to get the mine up and running. It is a personal goal for him and a matter of pride. I sold my shares four years ago when I felt too much of the future profit potential was being taken away from holders of ordinary shares. A tie up with a larger diamond miner with Loudon giving up control would have provided a far better outcome.

Lace is a world class asset, but that does not mean shareholders will ever see much, if any return on their investment.

I will continue to keep an eye on DCP but would need to look very carefully at the numbers - Loans, outstanding bonds that if I remember correctly paid 10% per annum, offtake agreements, future dilution before allocating any funds again to this enterprise.

For the ordinary shareholder all too easily pink diamonds could turn into white elephants.

Goldpig