kevyd33
28 Mar 2017
Re: DiamondCorp clears refinancing hurdle Well found CB. Thanks, I had written this off but would be delighted to see this get a new lease of life as I always felt it had the makings of a decent investment . Just take a few years longer than originally thought! 
Clarence Beaks
28 Mar 2017
DiamondCorp clears refinancing hurdle Haven't been able to bear to look lately but today is the day, and I see something positive. Come on Paul, you can do it, get this show back on the road for all investors sake.[link] has prevailed thankfully in these discussions.
Clarence Beaks
26 Jan 2017
Re: Rescue and I'm always wrong so no doubt it wont!
Clarence Beaks
26 Jan 2017
Re: Rescue Hopefully some sense will prevail.
Clarence Beaks
26 Jan 2017
Re: Rescue [link] on their values, it would be a shame for them (and indeed everyone involved with DCP) to see this go into administration.
HPC Follower
25 Jan 2017
Re: Rescue Looks like IDC are playing hard-ball or hoping to get the whole of DCP on the cheap... unless IDC agree terms quickly (by 30th January), it will be all over for DCP shareholders. The Lace Mine will otherwise be sold to the highest bidder with proceeds to pay the debtors.But will anyone want to buy the operation given all the problems over the last 6 months or so?
Clarence Beaks
25 Jan 2017
D-Day - 30th Jan [link] on Paul - you can do it. You have a lot of supportive shareholders in my view and they deserve rewarding some day, not annihilating.
forwardloop
14 Jan 2017
Rescue [link] is Lace’s largest creditor with £36mln owed through a subordinated loan.South African-focused diamond miner Diamondcorp Plc (LON
CP) is to raise £1mln through a placing as a first step in pulling its Lace mine out of Business Rescue.The shares will be issued at around 4p through a bookbuilding exercise by Panmure Gordon with a warrant attached that can be exercised at 1p.A condition of the placing is that a labour agreement is reached with the AMCU union over back wages and staff reductions, without which the miner said it faces insolvency.If it can conclude the placing, the next phase will start to ramp up operations at Lace again.That will see more money raised and a new management team join the companyDiamondcorp is Lace’s largest creditor with £36mln owed through a subordinated loan. South Africa’s IDC is the next largest creditor with an £18mln project loan.Diamondcorp shares will remain suspended until the Business Rescue process is concluded.
kevyd33
16 Nov 2016
Re: Broker view Any chance of copying and pasting please Sam?
Madoff Jnr
14 Nov 2016
SHOCKING...!!!!! And that's why you should NEVER invest too much in any company-no matter how good they look.Talk about bad luck and how many times do companies have to be told....don't over stretch the balance shhet.South Africa is bad news.Full stop.
HPC Follower
14 Nov 2016
Re: Why was that trade allowed? I can only think that a partially completed order had to closed without any more sells allowed.
Clarence Beaks
14 Nov 2016
Why was that trade allowed? A suspended share shouldn't have any trades.
HPC Follower
14 Nov 2016
Can DCP survive this? I really don't know... this last disaster could be the final nail in the coffin for DCP's current management and shareholders at least.Only a "white knight" can save DCP now; perhaps a merger with another diamond company in the same locality with few spare millions - but current DCP shareholders will be heavily diluted.The NPV for a new owner should be very good if they properly assess the remaining risks and address these professionally.Right now, I feel my DCP shares my 50,000 DCP are probably now worthless - and I can't sell them now even if I wanted to.
Clarence Beaks
14 Nov 2016
Re: IT NEVER RAINS BUT IT POURS... It sure doesnt. What a f**k8ng disaster this business has become, hit by bad luck and poor accounting.could be the end for m
MISOLDB
14 Nov 2016
IT NEVER RAINS BUT IT POURS... Jesus wept.......what next,,,,,,,,,???????????????.
