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Todays RNS is a little reminder to the market that GEMD operates the...
- "highest average dollar per carat kimberlite diamond mine in the world".
- " has produced four of the 20 largest white gem quality diamonds ever recovered"
Sub 100p shares are going to be mopped up very quickly I expect.
Results speak for themselves...
FINANCIAL RESULTS
· Revenue US$271 million, up 27 %
· Underlying EBITDA US$104 million, up 35 %
· Attributable net profit US$33 million, up 57 %
· Basic EPS 24 US cents, up 57 %
· Cash on hand US$111 million as at 31 December 2014 (net after debt); (US$99.4 million attributable to Gem Diamonds)
Maiden Dividend - 5cents