Gem Diamonds Share Discussion Threads

[davethehorse] 27/5/2020 14:02

Positive newshttps://www.diamonds.net/News/NewsItem.aspx?ArticleID=65114&ArticleTitle=Forevermark%2bOptimistic%2bAbout%2bMarket%2bRecovery

[davethehorse] 27/5/2020 14:01

Think that maybe there is a seller lurking around, maybe the same institution that offloaded a few % recently?

[puku] 22/5/2020 13:45

just bought £7k - nice to see share price tick up. They are surprising cheap with mine reopened. now has mining lease for another 20 years. A l/t hold for me.

[davethehorse] 20/5/2020 16:24

50k director buy, not huge but he must think the shares are well priced going forward from here

[davethehorse] 20/5/2020 12:18

Let's hope they can unearth a few more pinks like the one from 2019

[davethehorse] 20/5/2020 12:16

http://www.idexonline.com/FullArticle?Id=45784

[purple11] 19/5/2020 08:21

in for a few gla

[davethehorse] 19/5/2020 00:55

105 carat light brown type II found yesterday.

[davethehorse] 18/5/2020 13:24

Double bottom on the chart?

[davethehorse] 13/5/2020 16:49

Looks like the market have decided that diamond miners shares need to drop again. Low volume selling and down significantly

[davethehorse] 04/5/2020 12:02

https://www.gemdiamonds.com/

[davethehorse] 04/5/2020 12:00

Some nice new finds on the website since the mine reopened, could push on now through 40p

[sikhthetech] 26/4/2020 21:24

https://www.telegraph.co.uk/news/2020/04/25/diamond-sales-boom-wealthy-look-pricey-pick-me-up-amid-quarantine/

[davethehorse] 24/4/2020 12:13

Looks toppy on the chart

[a13878713] 24/4/2020 11:44

40p finally hit but will it hold, think not! time will tell.

[a13878713] 24/4/2020 07:48

Gem Diamonds Limited (LSE: GEMD) announces that, notwithstanding the general lockdown in Lesotho having been extended until 5 May 2020, the Government of Lesotho has permitted the re-opening of diamond mines in Lesotho, previously subjected to a lockdown order, subject to compliance with Covid-19 health and safety guidelines.Accordingly, the Company's Letšeng mine will re-open on Monday, 27 April 2020, in accordance with a phased ramp-up plan which is compliant with health and safety protocols formulated by health experts for the prevention of Covid-19 disease. This plan also reflects the practical supply chain and market considerations arising from the continued lockdown in Lesotho, South Africa, Belgium and other relevant jurisdictions.To date, there have been no reported instances of any Covid-19 positive test cases in Lesotho, at the Letšeng mine or any of the Company's international operations.

[davethehorse] 21/4/2020 11:41

Prob priced about right for now but the outlook is so dire prob best to be out rather than in?

[ukgeorge] 21/4/2020 08:40

In order to assist with the cash flows during the above periods, salary reductions for management levels have been introduced across the Group ranging from 20% for the Chairman of the Company's Board, all Board Directors and senior executives, down to 15% and 10% across various management salary bands. In addition, scheduled salary increases for Directors and executive management at Group level have been postponed. Long overdue

[a13878713] 16/4/2020 16:43

Gem Diamonds Limited (LSE: GEMD) will be releasing a Trading Update for the period 1 January 2020 to 31 March 2020 on Tuesday, 21 April 2020.

[davethehorse] 15/4/2020 10:12

Markets looking rocky again could fall back to 30p level?

[a13878713] 07/4/2020 08:51

Had it gone to 20p i would have backup the truck!

[davethehorse] 07/4/2020 08:20

Hopefully a swift return to 50p level on the cards now

[ukgeorge] 06/4/2020 11:03

they are tempting down here, couldn't build the mine for this price.

[davethehorse] 06/4/2020 10:13

Positive 2nd sale, back in for a few