Diamondcorp Share Discussion Threads

[iicb] 14/11/2016 12:06

You just cant make up this continual bad news this company has put out - think thats me out of the markets forever now, lost everything.

[ridicule] 14/11/2016 08:20

What about a 'crowd funding' approach? Let's say each shareholder loans 25 per share with a special dividend warrant awarded for repayment at 40p per share in 4 year,s time. The deal would only apply to those investors who joined the scheme but it might just save the Company.

This would be more attractive to me than writing off my entire investment. A book building approach could be taken to assess the level of commitment over, say, 7 days.

[ged5] 14/11/2016 08:00

Sold out 14th October. Perhaps not the best price but I did rescue something which I put into SAV which has since done well. It's a near term producer and seems to have great potential. But so did DCP!

So sorry for all long term holders especially those who had a lot at stake. Maybe it's not over yet!

Thanks for your concern!

[hpcg] 14/11/2016 07:14

Hope you are out Ged? I've not looked in recently so out of touch with regulars here.

[hpcg] 14/11/2016 07:12

Today's RNS' is rank bad luck, but what can happen when finances hang by a thread. Difficult to know what might happen to holders now. Most likely wiped out, but the property is still probably attractive to more than one third party so maybe something to recover?

[adorling] 14/11/2016 07:11

The final nail in the coffin unfortunately.

[knigel] 14/11/2016 07:10

Post 2215 seems quite appropriate today.. is there no insurance for these type of events?
What's the odds now of the company going bust - shareholders getting zlitch - and a larger company buying the assets on the cheap?

[hutch_pod] 09/11/2016 22:44

I did read spangels comment today. Fairly positive in the circumstances.

[iicb] 09/11/2016 20:36

It'll be a 'ooooo so close' company soon if they don't get it firing on all 4s

[iicb] 09/11/2016 20:35

So much for dividend yields of 3%, confusion on why the share price was much lower than peers - both stated previously by our leaders.I think we f8cking know why now Paul! GET IT SORTED

[wisecat2] 09/11/2016 20:19

in a lifeboat in the middle of nowhere

[zedder] 09/11/2016 18:48

Trying to work out if we are holed below the waterline!

[iicb] 09/11/2016 17:41

Anyone still here or have you all abandoned ship?

[iicb] 31/10/2016 20:08

I don't think I'd even want to be invested in a company that now needs crowd funding to keep it going. I read their comments.

[tiger60] 31/10/2016 19:15

Well you could join the deluded on lse who have moved from shock to clasping at straws. The mistake been made.

[iicb] 28/10/2016 18:27

if they dont already have decent offers for this, then they shouldnt accept and carry on taking it into full production themselves and place a few more shares, plus recruit some key roles. at the end of the day, any sale needs to drive a good price else pointless with such an attractive offering. production stability is all this needs.

i hope PL + recent appointments are as shrewd as i believe in negotiations. certainly should not be selling on the cheap.

but hey, wtf do I know really..... i shall abandon AIM for life if they dont pull off something special here. pl has said before hes had offers, and lost dividends and never being part of what was in there needs compensating well. weve hardly even mined the good bit yet.

[pwhite73] 28/10/2016 13:37

Goldpig I think there are enough big shareholders here unattached to the negotiations to safeguard against wipe out. I thought I read somewhere the details will be published on or before 31/10/2016

[pwhite73] 28/10/2016 13:31

ICBThat's because you misread the update. They said carrots and not carats.

[goldpiguk] 28/10/2016 11:24

Hi iiCB,

Your question in yesterday's first post says it all. PI's holding these shares are gambling not investing. Until the complete funding details are published with the extent of any dilution, or a bid made for the company it is impossible to estimate what value the shares potentially have. Private investors who hold AIM shares often feel cheated and with good reason. The larger players often end up walking away with the prize.

I hope you are a lucky winner but I will be keeping my chips off the table.

Goldpig

[iicb] 27/10/2016 15:35

What I don't understand is that if they have carats in their safe why didn't they use that instead of a loan?

[iicb] 27/10/2016 13:47

Is everyone else out? It's gone quiet.