Gem Diamonds Share Discussion Threads

[ukgeorge] 11/7/2018 10:31

why the fall ffs

[thechurch333] 05/7/2018 11:43

Nice to see one of the big shareholders adding here

[ukgeorge] 02/7/2018 16:59

I'm not liking the look of this chart. Suggesting a pull back.....

[ukgeorge] 26/6/2018 14:26

Q2 results should be out a month today. in Q1 they $106M I guess Q2 will be more like $50M. Hopefully full year will be close to $250M.

It will be interesting to see how much the net cash position has increased by and hopefully we will get the dividend re introduced soon.

[ntv] 25/6/2018 11:41

i recently cut my holding by 2/3rds
i am going to wait and see which way the mkt as a whole plays

still several days til next update
trump could still screw the market with his trade war

[ukgeorge] 25/6/2018 10:52

I just added a few at 124.3p yes paying top dollar but this is on a run and going to breakout any day now.

[ukgeorge] 18/6/2018 21:29

The chart looks primed for another leg up.

[ukgeorge] 11/6/2018 16:17

Should think these will be 135p in the next week or so :)

[ukgeorge] 11/6/2018 15:34

you and your fake news !!! :)

[ntv] 11/6/2018 14:00

incorrect imfo, sorry

[saucepan] 10/6/2018 17:01

Agree, interesting times. 102 carat diamond not yet in the (official) public domain; no mention on the website; Telegraph article withdrawn.

News to come this week?

[ntv] 10/6/2018 10:59

now that is interesting, the telegraph article is no longer available

[ukgeorge] 09/6/2018 14:14

Fair enough I didn't see the article but do agree the diamond find is insider info. And a share buy back scheme although I think this had been mentioned previously. But not sure. I'm just pretty happy that they are heading in the right direction and think £2 this year is possible.

[ntv] 09/6/2018 14:08

tbh UKGeorge, I am sick and tired of uneven fields of play so I am going to report it
there are no excuses

[ukgeorge] 09/6/2018 13:59

Still no need for capslock......

[ntv] 09/6/2018 13:11

that 10th large diamond find should have had a RNS announcement to the market
insider imfo imho

[ntv] 09/6/2018 10:06

WHY DON'T THEY START THE SHARE BUY BACK NOW WHILE THE SHARES ARE LOW RATHER THAN ANNOUNCE THINGS TO A JOURNALIST

WE HAVE JUST HAD THE AGM AND NO PROPER PRESS RELEASE

NO TRADING UPDATE ISSUED BUT A JOURNALISTS HAS THE LOW DOWN FROM THE COMPANY

YOU JUST CAN'T MAKE COMMENTS LIKE THAT TO THE PRESS AND NOT MAKE THEM TO THE MARKET AS A WHOLE

[thechurch333] 08/6/2018 10:26

I agree, which is why I was surprised by the comments in the Telegraph interview. For some reason they want their share price higher...

[ukgeorge] 08/6/2018 10:17

This should be a great year, wouldn't be surprised to see £2

[ukgeorge] 08/6/2018 10:17

Late last year they were talking of moving into the new area of the orebody (after a period of high stripping of waste) known to contain the exceptional stones which is why we are getting these 100+ ct stones.

I take on board the comment but the main reason is the position in the ore body.

[thechurch333] 08/6/2018 00:26

The CEO seems to think so:

“London-listed Gem said it had changed its blasting and crushing process to recover more of the high-grade, 100-carat-plus diamonds at Letseng, resulting in a string of discoveries.”

[ukgeorge] 07/6/2018 22:02

No it is not. It is the position within the ore body that they are mining. Nothing to do with the technique.

[thechurch333] 07/6/2018 20:55

No colour

I've posted link below

The very high number of 100+ carat diamonds discovered this year is no fluke - -it's a result of the new mining methods. This suggests this level of discovery is the new norm and in the future the use of scanning technology could improve this further. I don't think the market is there yet...


m-six-months/