luciano uk
11 Apr 2016
Re: Lucara Diamond Correct PBKDL is quoted only in Australia.A word of advise on this share. Although potentially, by looking at the market capital and the planned production of some 350K Carats once at full speed, this share look very cheap.One recent development that is not so clear to me, is that KDL have booked the sale of a portion of future production, at an undisclosed price, in exchange for further financing.The company is fully financed to production now, but I don't like the fact that we shareholder don't know at what price, some future diamond production have been sold.Anyway time will tell and it seems current sp could hold for further gain...On PRG I appreciate that there may be some discussion behind the scene on Mothae, or that PM may like to keep his card very tight, but as far as I remember the main issue was financing, and not negotiation on Mothae.My only automatic assumption out of this is that if they have still ambition on Mothae is because Financing has (somehow) been sorted......Hopefully this is true and soon I will see my shares back trading in some market.Regards
scholomo
06 Apr 2016
Re: Lucara Diamond Head your page share price of KDl and info will appear
Pharma Brown
05 Apr 2016
Re: Lucara Diamond KDL isn't coming up on a search of available shares on my online share dealer, so not listed under that ticker on any market covered. I assume therefore it is listed only in Australia?At the meeting we were well briefed (as might be expected) on the Mothae project, on what actually has happened (not limited to the snippets which get reported) and on what PRG would like to see happen, and why. Imagine that there is a giant card game going on: if you show your hand to the other players then you will never win the game! Hence the veto on public posting of any details which shareholders may have heard on mutual trust.
luciano uk
16 Mar 2016
Lucara Diamond Mothae Diamond Project, LesothoFollowing the signing of a Memorandum of understanding for the sale of the Mothae Diamond project to Paragon Diamonds Limited ('Paragon'), a share purchase agreement was entered into effective July 2, 2015. During the fourth quarter, Paragon was unable to complete the share purchase agreement and as such the Company has relinquished its 75% ownership of the project back to the Government of Lesotho and is currently working with the Government of Lesotho to finalize its plan for the rehabilitation of the project. Lucara has no remaining ownership in this project.========== ========== ========== ========== ========== ========== ========== hoping for PRG to get it back ???meanwhile take a look at KDL Australian diamond miner about to come to production.
luciano uk
02 Mar 2016
Re: PRG MEETING Many thanks for you reply PBI can sense a lot of enthusiasm after the meeting,I really wish it was well justified.I would imagine that they didn't give any time tablefor anything that the BoD may try to achieve?Many thanks again L
Pharma Brown
01 Mar 2016
Re: PRG MEETING I attended the meeting, together with 37 other shareholders. The other side of the table sat the Chairman (PM) and 2 other directors (who played very little part).The opening theme from Phillip Manduca was all about mutual trust. They had been very careful to ensure that all attendees were bona fide shareholders and not what PM termed 'Viruses' - people whose delight is to cause trouble. He emphasised that we would receive frank and confidential information at the meeting, and it would be detrimental and prejudicial to the company's negotiating position and credibility and thus our own investments to let this into the public sphere. I totally get this, I utterly hope that all other attendees did, and therefore I'm not going to post anything of the details of the meeting. PM at the end stated that he would always be pleased to reply to any genuine shareholder enquiries, speak personally with shareholders over the phone and in person if they visited the office.PM then spoke for about 40 minutes, and gave us a very frank update on the situation. Behind the scenes is a fascinating mix of personalities and political game-play: think of PM as a chess master if you will. I got the impression that (other than an inability to trade my shares if I needed to) as a private company there are significant advantages in being outside the realm of the regulators! There was then open discussion for more than an hour, during which straight sensible 'adult' talking and honest responses were heard. There was absolutely no 'flannel'. The PM we saw and heard was far from the restrained image of him addressing the media. My lasting impression is that here is someone - thank goodness - who has shareholders interests totally at heart - after all, he and Titanium together own over 40% of the company. There have been those on boards such as this who have suggested that somehow we have been let down by him. If I have any credibility as a bulletin board poster, then trust me when I assure you that nothing could be further from the truth. One might have expected that, after the history of the past 2 quarters, shareholders might have been aggressive towards the directors and there would be some 'fireworks' thrown from the floor; but this was emphatically NOT the case. I think we all felt that this is OUR company - and personally (holding just over 1 million shares) my round-trip drive of 415 miles from Newcastle was well worth it. I invested in PRG because I was excited about the 'space' in which they are operating and the sort of integrated company which PM seeks to build; and also because PM himself seemed to be one of those all-too-rare leaders of small companies who are ethically minded, experienced where it matters, doggedly determined and (being a major shareholder) properly motivated to take care of shareholder interest. Having met and heard him I am now confident that I made a good choice. Those who watch 'Dragon's Den' will understand what I mean when I say that PM is himself highly investable.There was talk that shareholder meetings such as this might become a regular feature whenever there is something new to be updated on. So, to any such genuine shareholders who read this, my advice would be to communicate directly with the company, let them know of your holding (mine is held in a Halifax Online Share-dealing account, I photographed my online statement of holdings and emailed the photo to them, then had to produce ID upon arrival; so expect to be vetted in this way - and please be understanding and grateful, as I'm sure we are all grateful for the security checks on all passengers when we fly). Then if the size of your investment is worth the fuel to drive to the meetings, do attend. And if you have any questions, do address them directly to Phillip, and he will respond.Best wishes to all serious investors in PRG.PB.
Abouteven
01 Mar 2016
Re: PRG MEETING So, any news from the meeting? Sorry, my small holding didn't justify a drive to Wolverhampton.
HPC Follower
22 Feb 2016
Re: PRG MEETING Hi there...I'm sorry I won't be able to join you at this key meeting but I'm keen to support and see PRG progress with at least one diamond mine in the next couple of years - otherwise I suspect that we shareholders won't see a penny back from our investments so far.Please do tell us what is said and what might happen post the meeting, etc.Have a safe journey there and back.
luciano uk
22 Feb 2016
Re: PRG MEETING Hi Pharma Brown I am replying on this board because have lost the log in info for the discussthemarket.com site.I didn't mean to be naughtyis just that I read the bit about not posting the address on boards afterward.Unfortunately won't be able to attend the meeting, but would really appreciate if you could give some of your thoughton this or the other board.Bye
Pharma Brown
22 Feb 2016
Re: PRG MEETING Luciano, you weren't supposed to post the venue on the internet! Very naughty!!Yes, I'm going. Driving there and back in the day from Newcastle. And you - did you decide to go also?And is anyone else out there going? Would be nice to meet any of you there.PB.
luciano uk
12 Feb 2016
PRG MEETING I got a response from Prg, the positive thing is that I have been accepted to take part....the negative is that the meeting is in:WolverhamptonMaple & Oak Room Holiday Inn Walsall M6 Jct. 10 20 Wolverhampton Road West, Bentley, Walsall. WS2 0BS Free parking is provided on site.Anyone going?
luciano uk
11 Feb 2016
Re: Email - Meeting Announcement Many thanks HPC Follower have registered with them to attend and if all goes well,will let you know the outcome...Finger crossed
Pharma Brown
08 Feb 2016
Re: Email - Meeting Announcement Just seen your posting: very helpful! I'll respond as they request and see what happens. Hope it's not in the Channel Islands!
HPC Follower
08 Feb 2016
Email - Meeting Announcement Anyone ( a PRG shareholder) able to go to this meeting on 28th February, I assume in London, and able to report back?Statement reads
ate: 15 September 2015 Paragon Diamonds Limited / Sector: Resources5 February 2016Paragon Diamonds Limited (‘Paragon’ or the ‘Company’
Meeting invitationThe Board of Directors will convene a meeting for shareholders on the 28th February at 16.00pm outlining the current activities of the Board and the business strategy for 2016.To attend, individual shareholders must register in advance and provide certification of their holding. Only those registered and invited and who have successfully evidenced their shareholding may attend. This meeting is for current shareholders only therefore proxies, affiliates, companions or others will not be admitted.To register interest in attending, please email [email protected] detailing your contact details, number of shares and attach sufficient evidence of share ownership. Details will be transmitted by return email and identification will be required upon entrance.**ENDS**
luciano uk
27 Jan 2016
Re: Delisting 7am on 29th Dec Yes indeed lets hope for a relisting, incidentally it seems that diamond demand is piking up....[link] spoke with my broker TDW, in regard of share certificate as my PRG shares where in a ISA,They said that there is no problem for them to issue S. Certificates, in case of relisting and the need for share transfer from one exchange to another. The thing is that it may not necessary a S. certificate, as often, a document/correspondence from your broker that proof the purchase of the shares is enough, for this operation.....dyor
