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Share Name Share Symbol Market Type Share ISIN Share Description
Stellar Diamond LSE:STEL London Ordinary Share GB00BYZ5QT80 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 5.25p 0 05:00:01
Bid Price Offer Price High Price Low Price Open Price
0.00p 0.00p - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.73 -0.20 3.2

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Date Time Title Posts
03/10/201806:01Stellar Diamonds plc1,704
10/10/201710:46STEL research notes23
09/10/201406:46Stellar Diamonds - with Charts and News2,684
08/7/201414:10Stellar Diamonds - Looking Bright67

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gheebee: Might equally just be one of those unlucky situations where the share price is manipulated before the deal and collapses afterwards....
ridicule: Not only have the Directors cancelled their old share options, having failed totally to realise any value, instead they destroyed value. They have now awarded themselves replacement options, at ridiculously low trigger prices, but with an increased qty of shares (nearly four times as many as the old options) to compensate for the lower share price at which the option has been set! They should have lost all option rights period, given the losses they have imposed on the other shareholders over recent months and feel lucky to still have their jobs. Continued employment should have been their new incentive!! Another disgussting example of undeserving noses in the trough at the expense of further dilution of long suffering shareholders.
targatarga: Great announcement but if you think caustically without yesterdays director buying, these would still be below the offer share price. Keep buying boys!
shareassessor: Summary of research notes… STEL – West African focussed diamond exploration and junior mining company. Offices in London. Experienced board. Sector – Tough. Exploration and junior mining companies currently unloved by markets, but good prospects for sector turnaround in next few years. Diamond market – Prices fluctuating last few years, but demand widely projected to outstrip production in next couple of years, which should see steady increase in prices. Current market cap – Ridiculously low at under £2 million. Huge scope for increase. Funding – Tight. Delays in recent deals have eaten into working capital. Required recent share issue. Projects – Huge scale compared to market cap. $4.5 billion potential revenue in flagship SL project. Could see production within 12 months. 3 million carat diamond resource in Guinea. Already mined over 11,000 carats there. Currently on the cusp of recommencing mining through joint venture project. Further projects on books in Guinea. Highly prospective exploration license in Liberia, also currently awaiting JV operations to start. Board on board? – Yes. Regularly bought shares in past, and even transferred to ISA and SIPP accounts. Also have regularly taken shares for wages in past. Shows good commitment to company and for minimising dilution. Transformational news on horizon? – Yes. Could be an exciting few months; JV announcement and confirmation of work commencing, license for flagship SL project, finalising deal to concurrently mine neighbouring project. Any of these could ignite the share price. Conclusion – Not without it’s risks, but good prospects for turnaround and huge multi-bagger potential, especially from these levels. Overall verdict – Strong buy.
ridicule: Diamond sales are weak at present and the larger lots are easier to move. They are, therefore, not sticking to the 2-monthly sale plan. The next sale I expect to be September. I think everyone accepts that there will be further dilution to develop Tongo but they want to prove up Baoulé in the hope of improving the share price by the end of the year. The sequestration of Kono has screwed this company and they are desperately trying to increase value without it but the weak diamond prices are not helping at all. Weak prices also make a placing, even after consolidation, very difficult. We need to see a stronger diamond market.
totally banjo: Also: UPDATE - Stellar Diamonds says Guinea trial mining on track; opts for larger Antwerp auction By Ian Lyall January 06 2015, 11:16am ---ADDS BROKER COMMENTS AND SHARE PRICE--- Stellar Diamonds (LON:STEL) said it is planning a far larger auction of stones than was first anticipated as it updated on progress at its Baoulé kimberlite pipe in Guinea. In total it will sell 5,900 carats, which consists of 2,200 carats from Baoulé and 3,700 carats of inventory taken from other projects. Stellar said it decided to opt for a larger auction in Antwerp, centre of the world diamond market, to maximise revenues. "The planned sale will be scheduled for later in January, when buying activity resumes in Antwerp after the end of year break,” said chief executive Karl Smithson. In the same announcement investors were told 2,145 carats have been unearthed from the five hectare Baoulé pipe at a grade of 15 carats per hundred tonnes. High quality gems continue to be recovered, including stones of 8.5 and 6.6 carats in size. The processing plant is running at its planned 50 tonnes of ore per hour optimum rate, meaning monthly production should be in the order of 2,000 carats, assuming the current grade is maintained. "We are pleased with the on-going progress of the trial mining at Baoulé,” CEO Smithson added. “The regular occurrence of larger gem quality stones is highly encouraging, as is maintaining our target plant processing capacity and run of mine grade, in order to achieve our objective of processing 2,000 carats per month during 2015.” The City broker Sanlam has been heartened by progress to date. It pointed out the frequency of large stones suggests the kimberlite is host to a “good percentage of gem quality stones”. It therefore reckons a price of US$200 a carat is achievable, which stacks up to be US$30 a tonne of ore mined, or double the mining and processing cost. “Based on Stellar’s 22mln-tonne resource estimate, which is likely to be quite accurate, Baoule represents a good sized and decent margin mining project,” said Sanlam analyst Charlie Long. At 11.15am, the shares were marking time at 1.2p each. edit
totally banjo: 09 December 2014 AIM: STEL Stellar Diamonds plc ("Stellar" or the "Company") Loan Facility Stellar Diamonds plc, the London quoted (AIM: STEL) diamond development company focused on West Africa, announces that it has entered into a bridging loan agreement for up to US$2 million with YA Global Master SPV Ltd ("Yorkville") (the "Loan Facility"). The Loan Facility, which will be available to the Company for 3 years provides for two initial loan tranches of principal amounts of US$250,000 each. The net proceeds of the two tranches will be used to support the immediate working capital needs of the Company and its operating expenses before the regular diamond exports and sales from the Baoulé Project gets underway. In conjunction with the Loan Facility, the Company has also entered into a GBP1 million Standby Equity Distribution Facility ("SEDA")and warrant agreement with Yorkville. Chief Executive Karl Smithson commented: "The Company is at an inflection point with the first sale of diamonds from our Baoulé Project expected this month and further regular exports and sales expected to occur every 2 months thereafter. This Loan Facility provides a source of bridge finance to support the working capital and operating requirements of the Company whilst we begin to generate regular cash flows from Baoulé. There is no minimum draw down required under the terms of the SEDA and the Board do not currently anticipate that it will be necessary for the Company to use the SEDA facility. Neither the Company nor Yorkville is under any obligation to agree to any bridging loan beyond the two tranches of US$250,000 each." Details of Loan Facility An initial tranche of US$250,000 ("Initial Tranche") will be available for drawdown immediately, followed by a second tranche of US$250,000 ("Second Tranche") which is expected to be drawn down as soon as practicable thereafter. Further tranches may be available if mutually agreed by the Company and Yorkville and subject to certain conditions being met. Each tranche drawn down by the Company is subject to an arrangement fee of 7% of such tranche and interest at 10% per annum. The Initial and Second Tranches are expected to be repaid in cash, on a monthly basis over 10 months, with first payments commencing three months after the date of the first drawdown. In the event that Stellar does not meet the expected repayment schedule in respect of repayment of the Initial Tranche, the Second Tranche or any other agreed tranche, the outstanding principal amount of a tranche (a "Loan") drawn down by Stellar under the Loan Facility is convertible at Yorkville's option (in whole or in part) into ordinary shares of the Company ("Ordinary Shares") at 95% of the lowest daily volume weighted average price ("VWAP") of the Ordinary Shares during the 10 trading days following receipt by the Company of notification of an intended conversion. The Company is entitled to prepay the Loan in cash, in whole or in part. Subject to Stellar making repayments by the agreed repayment dates, Yorkville's option to convert that Loan into Ordinary Shares is terminated. The Facility provides for customary events of default. If an event of default, including failure to meet a repayment date obligation, has been continuing for at least 30 calendar days, the outstanding principal amount of a Loan may at Yorkville's option, be converted in whole or in part into Ordinary Shares at 70% of the closing share price (or the nominal value of the shares if higher) on the trading day prior to the notice of conversion being given by Yorkville to the Company. The Loan Facility requires that the Company has sufficient share authorities to issue Ordinary Shares to Yorkville under the conversion terms of the Loan Facility and the subscription rights to be granted to Yorkville (details of which are set out below) and repayment of any outstanding Loan may be required if the Company does not have sufficient share authorities. Details of SEDA Facility more from link below:
kittitian07: Stellar Diamonds: Sanlam turns 'buyer' after meeting managementBy Ian Lyall July 18 2014, 9:35am Moving his stance to 'buy' from 'hold', analyst Charlie Long reckons the stock is worth 2.1p – which is around 62% above the current share price.Sanlam Securities has turned positive on the prospects for Stellar Diamonds (LON:STEL) following a meeting with chief executive Karl Smithson and his team.Moving his stance to 'buy' from 'hold', analyst Charlie Long reckons the stock is worth 2.1p – which is around 62% above the current share price.Long in a note to investors said the discussion with Stellar management focused on the upcoming 'cash flow positive' trial mining at the Baoulé deposit in Guinea and the progress being made at Tongo, in Sierra Leone. "At this stage it is not clear which project is the flagship, since they both have potential to be highly profitable for shareholders," the analyst said.Earlier this month Stellar revealed the grade from the Tongo kimberlite increased to 155 carats per hundred tonnes from 120 cpht previously.   A total of 843 carats have now been recovered through processing material from the bulk sampling programme.The mine developer said the diamonds are high quality, with a modelled value of US$248 per carat, or US$384 per tonne on in-situ ore.The company says it is anticipated the project's resource size, currently estimated at 1.1mln carats, will be increased.Baoule, meanwhile, is a large diamondiferous pipe in the Aredor region of Guinea, a renowned diamond district.There is a wealth of information on the alluvial diamonds from the area, which, at US$400 a carat, are of the very highest quality.The suspicion is that the Baoulé kimberlite may be one of the sources for these stones.The project was explored in the early to mid noughties by Rio Tinto (LON:RIO) and bulk sampling was carried out by  the Trivalence Mining Corp, which means there is plenty of historic data, which Stellar has access to.Stellar is targeting an initial 22mln-tonne resource that could be mined as an open pit down to 300 metres. The estimated grade is 13-40 carats per hundred tonnes though even at that lower figure, this gives a resource of 3mln carats. The value of the stones is put very conservatively at US$200 a carat, although the quality of the alluvial diamonds found in the area suggests this number might rise.The group will earn 75% of Baoule by spending US$5mln, which will be a combination of cash and assets moved into the joint-venture company.The plan would be to move equipment currently at the company's Droujba project 60 kilometres away, which would allow Stellar to begin bulk sampling.This and the planned 10,000 metre drill programme would allow the group to compile a maiden resource for Baoulé by the year-end targeting 3mln carats.Long told investors: "Stellar has two very interesting diamond projects and although Guinea and Sierra Leone are not the easiest countries in which to operate, the potential value of these projects is more than sufficient to offset these issues. "Cash flows this year will differentiate Stellar from most of its junior mining peers and should represent a catalyst for the stock and we therefore upgrade our recommendation."
totally banjo: 13 June 2014 AIM: STEL Stellar Diamonds plc ("Stellar" or the "Company") Grant of Share Options Stellar, the London listed (AIM: STEL) diamond development company focused on West Africa, announces the grant of share options to directors and employees of the Company or its subsidiaries. Following these grants, the total number of shares under option is 64,276,150 representing 9.21% of the company's share capital of 698,007,642 ordinary shares. New options Options over a total of 21,350,000 new shares ("New Share Options"), representing 3.1 per cent of the Company's issued share capital, have been granted at an exercise price of 1.5 pence per ordinary share, exercisable for a period of 5 years from the date of grant, subject to the terms of the either the Unapproved or EMI Company share option schemes. The exercise price represents a premium of 20% to the closing share price of 1.2 pence on 12 June 2014. The allocation of the New Share Options to Directors and employees is detailed in the following table:
Stellar Diamonds share price data is direct from the London Stock Exchange
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