Gemfields Share Discussion Threads

[hutch_pod] 12/12/2016 18:45

Fdi bumped up too I noticed..

[paulo92] 12/12/2016 16:09

It is motoring today... Not seen any news on google.. Ill happily stay in the dark and watch the rise

[darias] 12/12/2016 10:24

I have no idea.

However, at the time of their last news report (1/11/16) around 6 million shares were traded at a relatively low price of around 48p several trades of over 2 million.

There was a news release that Janet Boyce had joined the board. (See below) She was already CFO. Perhaps in the deeply masculine world of gemstones and the stock market there was an aversion to a female board member and that brought on the selling. There was no RNS as to who had sold/bought the shares that were traded that day although over 2% of the stock was traded and over 80% was traded at the selling price.

Perhaps the mms took the stock but now their reserves of stock are a bit thin. There was comparatively heavy trading last week.

We have held since July last year at 61p so any tick up is good news.


RNS Number : 9888N

Gemfields PLC

01 November 2016

Gemfields plc

("Gemfields" or the "Company")

Board changes

1 November 2016

Gemfields plc (AIM: GEM) is pleased to announce that, further to the announcement of 18 October 2016, the Company has appointed Janet Boyce to the Board as a Director with immediate effect. The appointment continues in her existing capacity as Chief Financial Officer ("CFO").

Ian Harebottle, CEO, said:

"I am delighted that Janet is joining the Board. She has built a strong track record ever since she joined the Gemfields Group and has a robust insight into the manifold aspects of our business. Her positive, dynamic and thorough approach will further enhance the well-established proficiencies of our experienced and long-standing Board."

Janet Hernandez Blas Boyce, aged 35, is the CFO of Gemfields plc, having joined the Company in August 2013. Janet is a Certified Public Accountant and holds a BS in Accountancy.

Janet is, or has been, a director or partner of the following companies or partnerships during the previous five years:

Current (all are Gemfields plc group entities)


Gemfields Spain SL
Campos de la Gema SAS
Green Bright Resources SAS
ISAM Colombia SAS
Colombia Royal Emerald S.A.S
New Muzo Emerald Resources
S.A.S
Itoco Green Stone S.A.S
Itoco Emerald S.A.S
Green River Stone S.A.S
Emerald Global Resources S.A.S
La Niña Resources S.A.S
Muzo Bright Emerald S.A.S
Rio Minero Emerald S.A.S
Gemmountain Capital S.A.S
Greengems of Muzo S.A.S
The Coscuez Emerald Company
S.A.S
The Muzo Emerald Stone Holding
S.A.S
La Linda Resources S.A.S
Blue Sky Emerald S.A.S
Osiris Muzo Emerald S.A.S
Green Mining River S.A.S
Gachala Ubala Stone S.A.S
Columbia Smart Capital Resources
S.A.S
Green Rock Resources S.A.S
La Pinta Resources S.A.S
Santa María Resources
S.A.S
Stone Golden Capital S.A.S
Colombia una Gema para el Mundo
S.A.S
West Wind Resources S.A.S
Stone Diamond S.A.S
La Pepa S.A.S
Gemriti Limited
Eastern Ruby Mining Limitada
Gemfields Singapore Pte Ltd
Gemholds Ltd
Hagura Mining Ltd
Gemholds Brazil Ltd
Island HoldCo Ltd
Forest HoldCo Ltd
Peninsula HoldCo Ltd
Gemholds Ethiopia Ltd
Gemholds Colombia Ltd
Faberge (UK) Limited
Gemfields USA Inc


Previous

None

Save as set out above there are no other disclosures in respect of the appointment of Janet Boyce that need to be made under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

[paulo92] 12/12/2016 09:19

Any news backing this up Darias?

[darias] 12/12/2016 08:21

Up 7% and no one is interested.

[johnweaver] 28/11/2016 10:12

I wa told of an item on Colouered stones in Financial Times on Friday. Anyone see it?
Are we mentioned?

[uncle john] 02/11/2016 22:38

Has anyone noticed the following rumour that: Offers made to GEM for Faberge?

Comments please!

[uncle john] 01/11/2016 18:00

What is the reason for having 43 (Forty three) separate companies or partnerships? All listed on the RNS about Janet Boyce.

These guys are too flash by half!

[uncle john] 19/10/2016 11:51

juzzer100, I wonder if the inertia of high value Faberge stock levels from the set-up finally defeated Dev.
uj

[pathai3] 10/10/2016 04:31

Fabergé attracts admirers as Gemfields ponders sale
10th October 2016

Gemfields, the emerald and ruby miner, is weighing a potential sale of its luxury jewellery business Fabergé after receiving interest from a number of suitors over the past few months. ...

[neo26] 28/9/2016 11:14

only wish i stayed in these,

The thread maker Dice sure knows how to pick good stocks. Well done..

[dogwalker] 26/9/2016 09:14

Re the post above, net profit is up to US$42m from US$23.5m. Apologies.

[dogwalker] 26/9/2016 07:30

Better than expected news today. Net profit (after tax)US$23.5million vs US$12.3M last year.

[paulo92] 20/9/2016 15:20

A decent tick up over the last week or so. Any news?

[davebowler] 22/8/2016 13:35

Aberdeen Frontiers I.T. view;
Gemfields plc (0.6% of NAV), the London-listed miner of coloured gemstones in Zambia
and Mozambique, published a market update for the quarter to 30th June 2016, and will
soon release annual results to the same date. When published, they will disclose stable
production of emeralds over the year (30mn carats, making their Kagem mine in Zambia
by far the largest in the world), 23% growth in production of rubies (to 10.3mn carats),
stable unit costs and strong auction results (auction revenue of $174mn for the year with
stable pricing in emeralds and a strong rise in average per carat price achieved for rubies).
With new financing in place to ramp up ruby production, the company continues to make
great strides towards its ambition of becoming “the De Beers of coloured gemstones”.
The recent rally in the global mining sector has yet to reach Gemfields, but with strong
fundamentals and being deeply undervalued (Gemfield’s shares trades on 0.35X P/NAV,
4.5X 2016 EV/EBITDA and the company holds inventory and cash that exceeds its current
market cap by a significant margin), we believe the current share price in no way fully
reflects the company’s potential.

[lastdrop] 21/8/2016 09:53

Gemfields (GEM) UK begins gem trading in Sri Lanka
By Smallcap Network Aug 21, 2016

[neo26] 02/8/2016 11:53

Nice to see gem recovering...

[dice1950] 01/8/2016 12:39

Gemfields (LON:#GEM) Gemfields’ chief executive Ian Harebottle - … -

[neo26] 28/7/2016 23:01

Dice you love this stock don't you...

[dice1950] 28/7/2016 21:54

Located near the concession area of British company Gemfields, where valuable gems have been found.

Australia’s Mustang Resources discovers rubies in Mozambique
JULY 28TH, 2016 HOME
Australia’s Mustang Resources has discovered its first ten rubies at digs in the concession it holds in Montepuez, Cabo Delgado province, northern Mozambique, the company said in a statement issued on Wednesday.

The discovery of the ten rubies, totalling 2.16 carats, was described by the company as a good sign for the next phases of the concession, located near the concession area of British company Gemfields, where valuable gems have been found.

The work, which began on 25 June, are part of Phase 2A of the exploration programme and include well drilling, sampling and processing of the collected product.

Mustang’s mining project in Montepuez has three exploration licenses, covering an area of 15,800 hectares.

In June 2015, Mustang Resources announced it had discovered Mozambique’s first quality diamond deposit of market value.

Sixteen diamonds were discovered at the company’s project at the confluence of the Save River, which divides southern and central Mozambique, and the Runde River, near the border with Zimbabwe. (macauhub/MZ)

[dice1950] 28/7/2016 21:50

The 12th Gemfields Retail Jeweller India Awards 2016 (RJIA)- An Elite Circle of Excellence, also known as the Oscars of the jewellery industry
Thu, July, 28 2016

[dice1950] 28/7/2016 21:28

Gemfields (LON:GEM) shares look good value following pullback in stock BUY 82 pence
28th July 2016

[dice1950] 28/7/2016 21:24

SP Angel
Today's Market View - Anglo American, BHP Billiton, Caledonia Mining, Herencia Resources, Gemfields, Savannah Resources
28 Jul 2016


Anglo American (LON:AAL) – Interim Report highlights stronger balance sheet
BHP Billiton (LON:BLT) 977 pence, Mkt Cap £57.3bn – Samarco update
Caledonia Mining (LON:CMCL) – Increased ore resource at the Blanket mine
Herencia Resources (LON:HER) – Herencia complete sale of Paguanta in nick of time
Gemfields (LON:GEM) BUY, Target 82p – shares look good value following pullback in stock
Savannah Resources (LON:SAV) – Exploration underway at lithium projects in Finland

[dice1950] 28/7/2016 13:20

GEM dont miss it guys coming off lows now will move fast as stock is very tight
GEMFIELDS (GEM.L) 4 Star BUY