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Share Name Share Symbol Market Type Share ISIN Share Description
Firestone Diamonds Plc LSE:FDI London Ordinary Share GB00BKX59Y86 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.20 0.15 0.25 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 45.1 -39.8 -6.5 - 1

Firestone Diamonds Share Discussion Threads

Showing 14676 to 14697 of 14850 messages
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DateSubjectAuthorDiscuss
04/11/2019
20:27
Doesn't read too well..... https://www.zerohedge.com/markets/global-diamond-glut-crashes-de-beers-september-sales
andy
01/11/2019
18:04
Quite a few round number sells into the buying strength by the looks of it, and a late 2 million delayed sell at the death. It would not surprise me if someone too advantage to reduce their holding today.
andy
01/11/2019
16:00
Further huge dilution, more to come...
davethehorse
01/11/2019
07:44
Maybe they should spend this time while on the genset power to find out why the plant is losing so many diamonds !!
abtwo
29/10/2019
19:53
The BID is back at 0.50p. Any further issue of shares for loan interest will be massively dilutive at this level.
andy
29/10/2019
14:59
12% down today, but still hovering above the all time low.
andy
24/10/2019
20:48
AB, They should keep on releasing bad news, it's driving the price up! LOL! Only £5,000 worth of shares traded to day though.
andy
24/10/2019
08:54
@Andy : "And no mention of the prices achieved for the larger fancies" Yep, they would not want you to be able to back calculate the value of the low value stuff they are producing, ESPECIALLY as the average price has dropped to US$63 !! Is that a first strike towards default on the ABSA loan or have they negotiated away the >US$70 ave. diamond price requirement/loan condition?
abtwo
24/10/2019
03:42
There will always be buyers of penny shares, whatever the prospects.
jack jebb
23/10/2019
16:52
AB, Exactly! And yet people were buying FDI today, sometimes I feel I must have arrived in a parallel universe!
andy
23/10/2019
15:09
Clearly something is not right with the processing plant : "....Mining continued in predominantly the higher-grade southern part of the pit during the quarter..." but "....recovered grade continued to be lower than the expected reserve grade..." If the high grade ore is only producing recoveries of 20.9cpht then I hate to think what happens when they start mining the low grade areas!!
abtwo
23/10/2019
11:24
dave, I am forced to agree, sadly, these results are awful and then we have this loss of $1.8 million to contend with, let's hope it's covered by the insurance! ------- Impact of Power interruption The power interruption that affected operations since 1 October is expected to result in the loss of just over one month's production, as plans are currently underway to resume operations during early November. In addition to the loss of revenue, the Company has continued to incur fixed operating costs of approximately US$1.8 million during October. The Company is working with its insurance broker to assess the extent to which the interruption is covered by its business interruption policy.
andy
23/10/2019
11:19
Looks a basket case Andy, end game imo..
davethehorse
23/10/2019
11:13
Average value per carat has fallen from $71 to $63! And no mention of the prices achieved for the larger fancies! ------- Diamond Sales and Market Outlook A total of 168 612 carats was sold in the quarter (Q4-FY19: 177 521 carats), realising revenue of US$10.6 million (Q4-FY19: US$12.7 million) at an average value of US$63 per carat (Q4-FY19: US$71 per carat). Average diamond values were lower than the previous quarter despite the sale of several notable stones which included a 37 carat fancy pink stone and a 55 carat fancy yellow stone, due mainly to the sale of fewer high value stones and a slightly higher proportion of smaller goods. The prices realised for the smaller goods that make up the bulk of our production by volume, remain subdued, impacted by a build-up of rough and polished inventory in the midstream. Prices are expected to increase towards the end of 2020 as rough supply decreases as a result of continued reduced sales volumes by De Beers and Alrosa and the anticipated closure of the Argyle mine in Australia.
andy
23/10/2019
10:39
sorry for them diamond prices falling no production when they get back higher costs and the rainy season coming
resourceful
23/10/2019
10:30
RNS out! https://uk.advfn.com/stock-market/london/firestone-diamonds-FDI/share-news/Firestone-Diamonds-PLC-Quarterly-Update-on-Operati/80972199
andy
23/10/2019
09:13
Astjgroom, "on hold" is a best case scenario, IMHO. I think the coming dilution will weaken the shareprice further, the closure of Argyle isn't going to save FDI IMO, although it may help prop up the already weak diamond market.
andy
23/10/2019
08:18
This share price is on hold until Argyle closes and prices recover. Also depends on global macro environment. Finally, better production n bigger finds would also help.
astjgroom
22/10/2019
15:15
dave, Yes I think you're right, I cannot see any bull case here at all.
andy
22/10/2019
15:11
Not sure Andy, speculators I suppose but they probably know little and are just rolling the dice
davethehorse
21/10/2019
23:46
FDI up 10% today on low volume, but some people seem to think it's worth a punt. I do wonder why anyone would buy now, with further dilution to come.
andy
21/10/2019
10:05
Ab, I agree, and even of FDI do remain listed, shareholders are going to be diluted to practically nothing anyway, IMO.
andy
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