Gem Diamonds Share Discussion Threads

[swinsco] 29/11/2024 13:18

A lowly share price, their share biggest holder selling and a plan to announced next week on their plans.. the plot thickens. Experience says this is not going to end well for the PI, but I live in hope! Fingers, toes, arms and legs crossed.

[mindthestash] 29/11/2024 08:41

Investor presentation
Should be interesting
Friday, 29 November 2024



Gem Diamonds Limited

Investor update



Gem Diamonds Limited (LSE: GEMD) ("Gem Diamonds", the "Company" or the "Group") Investor Update



The Company will host an investor update presentation focused on the outlook for 2025 via live audio webcast on Tuesday, 3 December 2024 at 9:30 GMT. Please use the following link to register for the presentation:

hxxps://gemdiamonds.zoom.us/webinar/register/.



Company website: www.gemdiamonds.com



The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67



FOR FURTHER INFORMATION:

Gem Diamonds Limited

Kiki Constantopoulos, Company Secretary

[e-mail]



Celicourt Communications

Mark Antelme / Felicity Winkles

Tel: [phone]

[swinsco] 28/11/2024 11:39

10p hit today. Thought that could happen but crazy when you think about the last 2 updates Gemd have released. UK market sucks.

[russman] 27/11/2024 05:46

It appears the BoD do not care how the minority feel about their remuneration.

[swinsco] 25/11/2024 10:48

This reminds me of Petra a few years back, they had a glut of big stone finds at the same time the share price had a lot of interest from Twitter traders, especially BaronTrading. Went quiet after a short while and never recovered. Hoping there is more substance here. Even the seller looks bored! :) Diamond prices inching up - a positive.

[dcroston] 17/11/2024 12:32

Feel we are due a big stone or two soon.

With just one large stone carrying over from Q3 it would be nice to add a couple more to end H2 with a bang.

[aibot5574] 14/11/2024 13:34

As sad as 2 parallel funerals. Hardly a soul wants to touch the thing ( can't be blamed). The general index a little up, yes, but may go down as well and even if it doesn't you would think that only "laboratory sterile conditions" can change something here for better.

[dcroston] 13/11/2024 19:19

Very large late reported trades today....look like purchases? Hmmmm

[swinsco] 10/11/2024 17:13

Diamond prices showing a tiny rise.. hope it's the bottom. http://www.idexonline.com/diamond_prices_index

[swinsco] 08/11/2024 13:52

It hurting soooooooo much... we soldier on.

[boonkoh] 08/11/2024 11:32

Only 15% more to go.... *crying into my keyboard*(I hold in the Boon Fund. Suffering)

[swinsco] 08/11/2024 11:12

Doesn't bode well. Sustainable only able to dump a small amount over the last couple of months... down to liquidity I would say.

[swinsco] 08/11/2024 09:31

Still waiting for 10p! Going by the last update and previous one, company are doing great. Market mechanics is all. Imo.

[davethehorse] 07/11/2024 11:21

Where does the money go here...has always been the same...it disappears...

[aibot5574] 03/11/2024 19:51

With a share hanging at a mercy of a few rich chaps everything’s possible.

[swinsco] 28/10/2024 15:45

10p still looking inviting.

[stockhunters] 23/10/2024 13:56

I think the traders who bought to sell on news are now out for a small profit so shareprice is down today

very happy with those results and maybe some bigger players will start loading up in here soon

[dcroston] 23/10/2024 12:36

Exactly how I expected the day to go, no surprises at all.

Two things holding back share price

1. Rough diamond prices effected by low end prices though seeing some recovery >10cts

2. Maintaining recovery of exceptional large stones.

As regards (2), I think recovery could improve as currently mining low grade ore.

Regarding (1), that's anyone's guess.

Roll on EOY.

[swinsco] 23/10/2024 12:31

Think traders will start exiting now after realising the short term gains haven't materialise. Very disappointing share price performance on that news.

[boonkoh] 23/10/2024 11:11

Problem is that financial numbers will only come out with the FY results, which was March the last time... Long way to go...

[stockhunters] 23/10/2024 09:37

$18million q3 cash generation is not far off the current cap alone

this will bag at some point you would think

[boonkoh] 23/10/2024 09:25

My worst case scenario for Q4, where no more large stones found..$160m rev for the year.Still $7m cash generated in Q4 (before taxes, capex, profit share, but incl operational costs, interests, royalties) I estimate Q3 did $13m-$18m cash generated.Bank facility renewal not done yet worries me. They will not get to Jan without still some gross debt. (I hold in the Boon Fund)

[mindthestash] 23/10/2024 09:21

YTD sales 120m. Last year turnover 140m. Looks like we'll get more than that this year. Maybe 150 to 160m? with more big stones this year.

Still doesn't look like it'll fly too high. Smaller stones prices holding us back?

[stockhunters] 23/10/2024 07:32

looks like one of those no brainers

trading update sellers will soon clear

2-3x this share price year end would be welcome

[swinsco] 23/10/2024 07:22

As to be expected. Being sold into any rise. Once the seller/sellers out the way, you would think this would fly. Next year more realistic.