Date | Subject | Author | Discuss |
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10/6/2025 19:22:16 | Big sell off here and PDI |  davethehorse | |
16/5/2025 11:27:46 | Game looks over for diamond miners imo |  davethehorse | |
15/5/2025 12:19:18 | Most likely I don't like the shady CEO |  davethehorse | |
14/5/2025 13:05:10 | Just before the big stones arrive you might see them take it private |  mindthestash | |
14/5/2025 12:58:59 | The directors should be ashamed but they won't be sadly |  davethehorse | |
13/5/2025 14:24:25 | Still holding the Mrs original, now much diminished, stake. Can't see anything happening till they get into the satellite pipe. Wish I'd bought the rocks instead of the shares. |  mindthestash | |
13/5/2025 09:28:20 | Looks like Lucara LUC are going bust...see yesterday's RNS |  davethehorse | |
12/5/2025 10:18:33 | Anyone still holding here? |  davethehorse | |
01/5/2025 20:40:45 | Aweful update.... |  davethehorse | |
14/3/2025 13:52:03 | No I didn't catch it. Is it available on the website. I'll be back at hq later this aft. |  mindthestash | |
14/3/2025 12:19:39 | Did you listen to presentation yesterday? |  gotabsirius | |
14/3/2025 08:50:26 | So did the market price. I was on the move yesterday so will read thru all this morning. Interested mainly in progress/costs of steeper satellite pipe. It's going nowhere till big stones start rolling in (sorry IF) |  mindthestash | |
14/3/2025 06:22:09 | net debt fell considerably. |  russman | |
21/2/2025 14:21:37 | Good luck MTT, I hope your patience is rewarded. |  dcroston | |
21/2/2025 09:29:05 | I'm sticking with my massive losses. Yes I know I shouldn't but I'll wait at least till they get into the steeper sat pipe and hopefully chase down big stones. |  mindthestash | |
21/2/2025 08:58:50 | Completely sold out a couple of months ago. Nothing to do with the horrible state of the diamond market, GEMD is fairly unique in that most of its sales come from > 10cts diamonds.
The reason i sold was the mine plan for the next few years will significantly reduce the amount of ore processed from higher grade ore, greater development of ore body so greater capital spend.
But there was other reasons too. These articles concerned me about just how ethical it was to invest in GEMD.
hxxps://x.com/LesothoTribune/status/1854366891956953517
I was informed that the article re: unpaid taxes is someone that owns the Lesotho Tribune that holds a grudge and that I would be updated about it but I've heard nothing back since emailing the company a few months ago.
The issue around water pollution I have known about for quite some time and although it's really not that significant, it never sat well with me.
Anyway, I'm completely out now at a very small loss. |  dcroston | |
20/2/2025 15:23:49 | Shocking results from Anglo and huge De Beers loss reported, several billion, diamond miners are finished imo |  davethehorse | |
31/1/2025 15:20:32 | Ps thanks S25 Very helpful update on trades |  mindthestash | |
31/1/2025 15:19:46 | If any of the buyers are officially connected then we're in bid territory and can expect notification. Of course it's a long way to j'burg so it might be unofficial.
Well gemd might bet interesting yet! |  mindthestash | |
31/1/2025 08:50:48 | Okay, those trades were delayed and hit later yesterday. Slightly odd, because the trade prints normally hit first and then the parties exchanging disclose. Sometimes they taken a while to disclose as well. Sustainable Capital didn't hang about disclosing.
The prints that hit were delayed from the 29th January.
Prints of:
8m, 5.5m, 6.5m, two x 5m and a 4.78m - all at prices of 10.5p-10.6p
Sustainable Capital had 18.21m as at the 21st of January, representing 12.97% so the whole lot has been sold.
Unsure how that is split:
8m, 5m and 5m to three buyers?
Don't know - just a guess.
But I had this on the watchlist to see if there was a technical movement after Sustainable Capital were out.
I can see the market has seen those prints and there is a small amount of early buying this morning, but it is all about the follow through.
Maybe the fundamentals here trump the technical. I don't know enough about the fundamentals.
Price popped abit on the notification but no significant follow through movement this morning.
Keeping a watch though to see if there are any notable buyers of those shares and whether order book activity picks up, for a possible quick trade.
All imo DYOR |  sphere25 | |
30/1/2025 13:40:22 | Well see boonie, a cross the year it's an inprovement IMO.
I doubt we'll see large diamonds in those numbers till they get back into the satellite pipe at increased depth.
How long does a purchasers of 5% or more have to declare |  mindthestash | |
30/1/2025 12:34:03 | There are no large diamonds to sell. H1-25 will be horrendous P&L. Especially with diamond carat pricing lower too YoY.Meanwhile they haven't found any more additional cost efficiencies to offset the reduced carat pricing. |  boonkoh | |
30/1/2025 10:21:43 | The other side to the Sustainable block trade is not showing so it must have been spread about in the market as a clean-up. Good news and a nice fee for the broker. |  caiman47 | |
30/1/2025 10:13:36 | As usual I was wrong again. Sustainable are out. Someone has bought the lot. S25 you may well be correct, backdoor. |  mindthestash | |
30/1/2025 09:32:33 | Hang on...what?
Where have those Sustainable Capital shares gone?
Backdoor?
That is 13% gone through the backdoor somewhere?
Is that right...the rns looks like they have sold the whole lot
10:18 UPDATE
So they have acted as an overhang selling down from 18.24% to 16.53% in early September last year. They then lobbed a few more in November and a week back. The nature of this share is that it takes a long long time to offload small amounts of shares so interested to see if that rns is correct and who has picked up 13%. Maybe they placed that through a dark pool - can't see the print on ADVFN. Maybe a delayed one hits but someone has to disclose if the have bought. Price isn't doing anything...watching in...can't be an error can it...no transfer or other notes. |  sphere25 | |