Firestone Diamonds Share Discussion Threads

[tradermel] 15/1/2014 07:55

Nice RNS, can't quite believe this BoD will turn this one around so well, but it seems they will with the loans in place. 2 years and the price (even after dilution) ain't going to be at these prices.

[pilkersa] 15/1/2014 07:19

Thanks for the advice, interesting to see what happens with this today.

[earnestwipplethwaiteiii] 15/1/2014 07:19

pilkersa - no income stream for at least two years and among its many faults this company has a very poor timekeeping record. I would look at 2017 for an RoI, and that's assuming they can finally stop crushing their big stones.

[pilkersa] 15/1/2014 07:13

Looks a very ambitious and exciting move. Look what happened to qpp after recent 200 mil fundraising. Not an investor here but very tempted to buy on this announcement.

[earnestwipplethwaiteiii] 15/1/2014 07:07

Are my eyes playing up again? I make that 1.4 billion new shares at 3p.
Dear oh dear.

[valentine] 11/1/2014 22:07

When those 'diamonds as big as yer fist' appear again and avoid the crusher we'll be on the pig's back!! HNY Andy!!

[varrirob] 11/1/2014 22:02

Happy New Year to you to Andy. Its certainly a waiting game. So long as those salaries deliver what we need which is full financing I will deem it worth the wait. I am sure, but don't quote me, that when I went to the agm they were talking early new year to finalise financing. Here's hoping.

[andy] 11/1/2014 17:35

HNY to all on the FDI thread!

No posts in over a month, just goes to show the level of interest here!

Management salaries still being paid of course....

[varrirob] 06/12/2013 15:07

swong - thats ok.

[swong21118] 05/12/2013 23:26

Thanks for ur post varrirob.

[varrirob] 04/12/2013 20:44

SG - hopefully we can secure the remaining finance and get some more buyers on-board.

[sg1972] 04/12/2013 11:31

You can buy and sell at 3pence

[sg1972] 03/12/2013 10:57

I think it's a good time to buy this. Lots of volumes last few days and I think they were mostly buys below mid price. RI will probably be to large institutions and probably to existing shareholders.

[varrirob] 01/12/2013 17:13

That's ok. I had a look on iii board and to my relief someone posted something similar but with a bit more technical meat on the bones regarding crushers.

[andy] 30/11/2013 20:58

Varrirob,

Many thanks for an excellent synopsis, and pleased you managed to speak to the main players.

[earnestwipplethwaiteiii] 30/11/2013 11:52

Varrirob - many thanks. I'll wait a year or two before plunging back in, I think.

[andy] 29/11/2013 22:34

Varrirob,

Are you still digesting the biscuit?

I was wondering it had taken some notes at the AGM that you could share?

I hit lucky today, breakfast in the Mandarin Oriental, lunch at Gordon Ramsay's, so I don't begrudge you the biscuit and coffee at all.

[andy] 29/11/2013 19:23

lucky,

Shame is the $82m "raised" had conditions attached to it, and they need to raise an awful lot more before those funds will be released!

Not exactly what ii would describe as "raised",more of a conditional offer.

[andy] 29/11/2013 15:20

JFT,

In English?

[andy] 28/11/2013 08:55

What is the projected burn rate for admin and normal expenses per month between now and the mine construction? (if we ever get to that point obviously)

What is the current cash position?