Petra Diamonds Share Discussion Threads

[g2theary] 02/5/2019 07:46

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=PDL.L

[upwego] 02/5/2019 07:26

Nice g2theory lol Luke!

Looks like shorts are buying back now.

I reckon a huge rise is now imminent!

[lukehold] 02/5/2019 07:04

Will buy more then if you are sure

[upwego] 02/5/2019 05:23

Lol luke 30p nailed on!

[upwego] 02/5/2019 05:22

Sorry i meant 30p

[lukehold] 01/5/2019 21:08

You said 30p 2 days ago... I bought based on your post alone :(

[upwego] 01/5/2019 20:20

will be 15p by end of the week

Chart looking like it`s ready for the next leg up!

[g2theary] 01/5/2019 15:34

Looks like it's ready to break the down trend... any chartist's have a look?

[g2theary] 01/5/2019 11:05

On that note picked up a further 12835 shares :)

[ukgeorge] 01/5/2019 10:50

I thought they were bust then they started turning up tennis ball size diamonds :)

Be interesting to see what they fetch and how the mine continues to improve. Could be the best turnaround in history. in which case it could fly. but, until debt is under control still pretty risky

[g2theary] 01/5/2019 10:40

What's your opinion George out of interest? The only issues here are debt but I think it's fully priced in? IMO

[ukgeorge] 01/5/2019 10:11

I doubt it very much you should bank a load of profits if they spike, just my opinion

[g2theary] 01/5/2019 09:45

Once these get to 25p they'll quickly break in to the 30's then steadily back to 40's depending on news and values of the big finds :)

[upwego] 29/4/2019 06:16

Interesting week ahead seller done or nearly done.

Shorts closing

Big diamonds under the belt

Re rating me thinks looking for 30p

[lukehold] 27/4/2019 12:38

The exceptional 425 carat D colour Type II A diamond (6th biggest ever from the mine) and the 209.9 carat D colour Type II, will offered for sale during 10-17 May sales cycle in South Africa so expect news on values gained soon, estimates range between $30m-$60m together.All this to add to the 100 carat white diamond and a 6.1 carat blue diamond Petra found earlier this year. Blue diamonds are one of the rarest and most coveted in the world and Petra have pulled a number of them out of the ground over the last 6 years. 2x25+ carat whoppers sold for over $30m

[upwego] 27/4/2019 09:52

Wilchild

Check out the whopper white diamond that was found just before that 400 plus
carots $40m just for this one stone its a whopper.

[argylerich] 27/4/2019 08:01

Systematica continuing to cash out. Short now reduced below notifiable threshold to 0.45% declared 25th April.

[wildchild] 26/4/2019 21:19

Bought a few here today. Just think that the covenants amendment announcement should give the price a bit of a recovery, plus the 210 carat diamond from last week wasn't bad either. Hopefully, the start of a recovery.

[upwego] 26/4/2019 18:31

Techno

good chance for a huge rise here I`m for 50% rise from here :)
Ckeck back and see that fat stones they have found this year so
far must be $50m Conservatively. DYOR

[technowiz] 26/4/2019 13:52

is that the reason for the rise yesterday? if so the good news is out. sell on the news?

[tini5] 26/4/2019 13:44

"The agreement of our Lender group to amend the financial covenant levels relating to our banking facilities demonstrates their continued support of Petra's business and strategy, to deliver consistent production from our diversified portfolio of assets in order to drive free cash flow generation and reduce our net debt."

[g2theary] 26/4/2019 12:59

Great punt at these prices :)

[upwego] 26/4/2019 12:13

Little shake and then back up!

[upwego] 26/4/2019 10:19

Watch this fly shortly!

Could be a brilliant fantastic recovery play from here

Cheap as chips with great diamond finds this quarter of $50m plus and more stones.

Can see this rallying!