Firestone Diamonds Share Discussion Threads

[buywell3] 02/10/2019 09:54

Off topic and I bet 99% of you girls on here know sweet FA about ASF

African Swine Fever


buywell has looked at this quite a bit cos he sees it as a MACRO event V the markets

MACRO events swamp ALL OTHERS in that they dictate direction just by themselves.


ASF has resulted in 25% of ALL the pigs in China being killed in the last 12 months or less.

That is 200 Million pigs dead. Every province in China is affected , now 25 provinces of Vietnam are also affected 40% of that country , which is another BIG pig eating country.

It has spread to circa 6 other countries in Asia and they too are having to kill their pigs.

Also now in the EU and Africa , and if you watch this expert talk he sees it like buywell as hitting ALL countries worldwide.

buywell sees $3 Trillion costs worldwide associated with ASF and the knock ons as ALL meat and fish and poultry protein prices escalate over the coming 3 years.

Pork prices have doubled in the last 6 months in China and elsewhere , other protein prices are also rising as pork runs out.

NO cure for ASF exists , watch this link to see when one is coming





ASF will IMO destabilise markets when the USA gets hit with the problem which buywell thinks is only a matter of months away.

Global inflation will occur IMO due to ASF over the next 3 years

Inflation in China due to ASF is already happening

all imo
dyor

[andy] 02/10/2019 08:59

dave,


Yes, we're only 23% down now!


Who on earth is buying though?


Are they brave or foolish?

[davethehorse] 02/10/2019 08:36

Going up again on buying!

[andy] 02/10/2019 08:32

This should be fun!


Shareholder Circular and Notice of General Meeting

Firestone Diamonds plc, the AIM-quoted diamond mining company, announces that a circular has today been posted to shareholders convening a general meeting to be held at 11.00 a.m. on 17 October 2019.

[andy] 02/10/2019 08:29

dave,


Wow, .7p BID now, and yes this does look pretty terminal.


Buywell, will you give me 0.5p for my thoughts?

[davethehorse] 02/10/2019 08:25

Can see 0.5p today or tomorrow Andy

[andy] 02/10/2019 08:09

Ok we have a new all time low of .9 BID, although it's only intreday at the moment.


I cannot see any reason to buy this share at the moment, unless only for a wild punt. all those extra shares due to be issued are going to dilute everyone to kingdom come.

[andy] 02/10/2019 08:01

It does make you wonder who was behind the recent pump and dump operation, and why?


Or do these guys just settle on one beaten down a stock after another, and then move on, and it was simply FDI's turn?

[buywell3] 02/10/2019 08:01

Ha'penny for your thoughts today guys

[ramnik007] 02/10/2019 07:58

Total wipe out apparent. Held for 8 years in hope they will ultimately find quality diamonds, but wishful thinking in hindsight!

[davethehorse] 02/10/2019 07:48

Would say getting out with something is better than nothing with that dire statement

[astjgroom] 01/10/2019 22:57

Disappointing, market prices are only half the problem, not even finding decent stones.

[andy] 01/10/2019 19:45

buywell,


It'll be below a penny for them tomorrow, IMO!


Not looking good, and considerably more dilution on the way, looks like we are entering the end game now, again IMHO.

[buywell3] 01/10/2019 19:20

penny for your thoughts guys

[andy] 01/10/2019 18:39

dave,

you don't say!

-------

"the trading environment remains difficult and as a result the Company is actively engaging with its debtholders to ensure it can sustain operations through the current downturn.

However further deterioration in the financial or trading position is possible and may have material implications for the solvency of the Company independently of the passing of the Resolutions."

[davethehorse] 01/10/2019 16:52

Going much lower tomorrow imo, the statement sounds very gloomy going forward

[davethehorse] 01/10/2019 16:50

Oh dear sounds pretty terminal to me.

[kirk 6] 01/10/2019 15:57

Some news out tonight regarding agm

[astjgroom] 01/10/2019 09:37

I've no idea, I thought last Friday, but can't find info on their site

[kirk 6] 01/10/2019 06:23

Which Friday ?

[astjgroom] 23/9/2019 11:27

We can expect final results Friday I think

[andy] 14/9/2019 10:48

FDI back to 1p, where are those pumpers?

[davethehorse] 11/9/2019 09:41

Hmmm....where are they now....some still holding I suspect but if it drops to 1p they will be legging it imo...

[andy] 10/9/2019 19:01

dave,


Indeed it does.


The pump and dump didn't last long............

[davethehorse] 10/9/2019 11:45

Looking like sub 1p again soon