jaf1948
05 May 2016
Re: Lousy performance (again) I posted this on another board:Unfortunately some of our investors consider DCP guilty of needing more cash even though they have specifically said that they don't (unless something untoward happens).Then one sell begats another and now we have a 25% fall in a month based on NO bad news at all and in fact good news that we are on schedule for production in two months. If you thought the company was good three months ago, then it is still good now only three months nearer production.The sp doesn't concern me but it certainly depresses me. I have to add that negative comments from some posters on BBs can't actually help the situation (though I doubt whether they have any significant effect) !
Clarence Beaks
05 May 2016
Lousy performance (again) this is beginning to be a major let down in terms of making money off it.If recent news fails to push up the share price, then what will?
Clarence Beaks
03 May 2016
Starting to think this recent fall is manipulated to get some others on board.
Clarence Beaks
25 Apr 2016
not good we appear to be tanking!
Courtier1
21 Apr 2016
Re: Target 14.5p I generally ignore analyst recommendation and price targets. They are not a reliable indicator of future value and often target price is a 1 year forward view.I use analyst research as a useful way to avoid doing a lot of legwork and then make my own mind up what value is on offer. Thanks Jaf for the margin research that was useful. Still have to account for general admin expenses and corporate costs but seems like a 40% overall margin is reasonable and like you said with further upside from block caving when production ramps up significantly.
jaf1948
20 Apr 2016
Re: Target 14.5p Personally, I would be very happy if the price almost doubles from here. That would suit me nicely.
Clarence Beaks
20 Apr 2016
Re: Target 14.5p Yeah, but it's cut it's target price. Hardly great.
jaf1948
20 Apr 2016
Re: forecasts The Resource statement of March 2nd 2106 states:'At an exchange rate of 15.0000 South African rands to the US dollar, the average grade and carat value equate to revenue of R600 per tonne compared with forecast mining and processing costs of R238 per tonne for the UK4 Block and R145 per tonne for block caving. This represents robust operating margins of 60% and 76% respectively.'Don't forget that 125,000 carats only refers to the K4 and K6 blocks. Production estimates of 400k to 500k carats/annum apply to block caving production once the block cave is complete.That all sounds pretty tasty to me.
Courtier1
20 Apr 2016
forecasts so at 125,000 cts p/a suggests revenues of $25m+ p/a from 2017 at approx $200 p/ct when you factor in polished and rough sales.the question for me is what are the operating costs? You'd need them to be able to operate at not much more than $15m but is not clear to me what the number actually is projected at.
coldascheese
19 Apr 2016
Target 14.5p On Tuesday Panmure Gordon reiterated its broker consensus on shares of Diamondcorp PLC (LON
CP) giving the company a ‘Buy’ rating.Panmure Gordon gave shares of Diamondcorp PLC a price target of 14.5 indicating a potential increase of 79.9% from Diamondcorp PLC’s current price of 8.06.
Clarence Beaks
19 Apr 2016
Re: From Proactive Investors - Sparkling! Seems the share lost its sparkle on that news though 
Damn my BUY recs - never work!
Clarence Beaks
19 Apr 2016
From Proactive Investors - Sparkling! [link]
Clarence Beaks
19 Apr 2016
Re: What is? cheers jaf
jaf1948
19 Apr 2016
Re: What is? April 5th RNS said 'The purchase of these trucks and loaders from existing cash resources' so that would imply no additional fund raising, but who knows.
Clarence Beaks
19 Apr 2016
Re: What is? at 6p when they raised funds, did this cover the $1m for new trucks and loaders? or are they going to run out of cash again?comforting news update.
