Stellar Diamonds Share Discussion Threads

[targatarga] 30/11/2015 22:16

Wonder how they're getting through the money!

[30rock] 25/11/2015 02:51

Just take a look at the share price for the past 8 years. Ask yourself this question, what has this company return to investors? Imagine if you had invested a £100 or $100, 8 years ago, what would it be worth today.

[suicidesid2] 24/11/2015 09:58

If you're gambler...........?

I have a sneaky feeling they may pull it off

TraderMel asked the right question and it makes you wonder if they know more than we do.

Good luck to us all

SS2

[bsg] 24/11/2015 09:16

If they give themselves some options soon, it will be debt funded. Otherwise confetti.

[targatarga] 24/11/2015 07:50

tradermel - think the only people who don't get it are on the board. I wonder what the 37% holder plans to do?

[tradermel] 24/11/2015 07:44

How on earth are this company to raise $24.8 million to get this off the ground? It all sounds nice and tempting but surely this co have bled the market dry for cash, so it will have to be loans then.


"Having delivered a very robust mine plan and financial model for Tongo the Board has decided to advance the project to the mining licence application stage. The independent PEA outlines an 18 year life of mine at a modest capital requirement of US$24.8 million which is expected to deliver robust revenues at a high margin. The calculated NPV at US$53 million is multiples of our current market capitalisation.

[odvod] 23/11/2015 08:59

16 p at my screen?

[ridicule] 21/11/2015 09:09

BSG what a fatuous post. Either provide a proper analysis as to why you think they be under 10p or go away and do something useful.

[bsg] 20/11/2015 13:15

Wont be long 'till its under 10p IMO.

[targatarga] 02/11/2015 14:26

Trouble is these were pumped up and out by the small brokers via fundraisings approx five years ago[sic].
Amazing that they can still raise the cash from the market! imho

[bsg] 02/11/2015 12:34

Anyone in this now is shagged IMO. 50:1 consolidation, then shorted, will be the result. I would say down another 90% after consolidation.

[frogkid] 02/11/2015 12:03

1 JV

2 who knows, it's Africa

[mach100] 02/11/2015 10:52

Someone voted down targatarga when he mentioned a fundraise for post 1358. Not a holder here myself but have seen them present in Mayfair a few times. Can any holders tell me how they would raise the $24m mentioned in today's RNS given they have a £2.4m MCAP now? Secondly will they ever get back that license that was taken away from them? TIA!

[targatarga] 02/11/2015 10:44

Oh yes, what odds on a positive return? must be pretty slim!

[suicidesid2] 02/11/2015 10:04

A good entry point for a gambler?

[targatarga] 02/11/2015 08:33

Can't beat a little dilution on a Monday. Sets you up for the week!

[balbains324] 02/11/2015 07:38

Looks like they are doing really well..I'm holding on to see what happens

[bsg] 29/10/2015 10:17

A few brave buys before consolidation.

[targatarga] 30/9/2015 09:36

soon be time for a fund raise me thinks...

[peterz] 18/9/2015 04:37

So not hopeful then... Lol.

[targatarga] 09/9/2015 09:43

better off with the lotto!

[bsg] 09/9/2015 08:30

I don't think now is the time to average down, with a consolidation on the cards. Then probably a large placing ...

[targatarga] 07/9/2015 14:52

at least the chart is digging deeper, soon be at ground zero!