jaf1948
01 Jul 2016
Re: Very disappointing share price There are so many reasons why a person sells that I am not going to worry about one 500k sale. However, if many large sales occur....For a personal viewpoint, even if they are slightly late with full production (and we have had no indication that that is the case), after holding and waiting 5 years, a few weeks more would make no difference to me even the sp falls again in that time.
Clarence Beaks
01 Jul 2016
Re: Very disappointing share price Why is someone selling 500k at 6.5p? bit worrying. maybe we dont know something jaf.PS : forgot it was almost july. about time we get some good news.
jaf1948
30 Jun 2016
Re: Very disappointing share price We are, in all probability, ONE day away from full production and you now want to sell after all this time ??? A few months of full production and the share price will be considerably different.
Clarence Beaks
30 Jun 2016
Very disappointing share price for quite some time now. What is going to lift us back up before I get too bored and sell out?
Clarence Beaks
15 Jun 2016
From Proactive Investors (Video) [link]
Simbr
14 Jun 2016
Re: Today's RNS SP Angel also put out a note this morning, taken from Research Tree:"DiamondCorp has announced the sale of two parcels of diamonds from its Lace Mine in S Africa for a total of £436,597. The sale consisted of a parcel of 1,838 carats of run-of mine kimberlite diamonds which realised an average of $189/carat and a parcel of 1,679 carats recovered from tailings which realised and average $53/carat. The recent diamond sale at better than expected prices should ease cash flow as the Lace Mine moves towards steady state operation at 30,000tpm."
Clarence Beaks
14 Jun 2016
Re: Today's RNS Obviously well received that news today about the cash flow issues. Time DCP became cash flow positive.
Clarence Beaks
14 Jun 2016
Re: Today's RNS Glad theyve flogged some more diamonds. Just need to get that replacement equipment in place sharpish. I notice they dont mention timescales on that.Anyway, pleasing RNS really for this stage of events.
jaf1948
14 Jun 2016
Re: Today's RNS It only says cash flow is tight, not very tight, and they have $436,000 more than expected at this point - 'The early cash received from the aforementioned diamond sales will assist in this regard.'Full production is still scheduled for next month so, baring something unforeseen, I see little chance of fund raising being needed. It is very depressing to me that will all the good news in the RNS, people seem to be focusing on the one slightly negative piece of news.
The Earl of Acol
14 Jun 2016
Re: Today's RNS Going the right way but cash flow very tight could be a warning of dilution via a fund raising. I have no concerns on a rights issue but would hate an institutional fund raising. I have been invested here for a long time and the journey to profitable production seems to be very near.
jaf1948
14 Jun 2016
Today's RNS All sounds very good to me. On schedule for full production in July, sales above expected prices, and a higher than forecast frequency of diamonds greater than 4 carats in size.Minor problem with high breakdown and repair costs on the existing fleet while the newly acquired machines are being refurbished but the extra $436,000 will help there. All in all, very reassuring.
Clarence Beaks
11 May 2016
Re: Panmure 14.5p tgt and the price is right back where it was before that. the cash calls are having an effect now on the interest, and the market is lacking faith they wont come back once again for more to keep them afloat.the damage of those calls will take longer to repair than i thought.
jaf1948
09 May 2016
Re: Panmure 14.5p tgt Is that 'mystical' or 'mythical' ? Probably the latter.But remember it did get to 13p last year when people thought production was only months away, and now production IS only months away.
Clarence Beaks
09 May 2016
Re: Panmure 14.5p tgt ah, brokers and their mystical targets.................
forwardloop
07 May 2016
Panmure 14.5p tgt [link]
