Gem Diamonds - Re: GEMD Stream Log - Panmure's note on Gemfields is...

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Re: GEMD Stream Log
16:40 23/05/2016
Simbrad
0 replies 0 0

Panmure's note on Gemfields is up on Research Tree: "Gemfields today announced the results of its lower quality auction held in Jaipur last week that confirmed another auction record, in average $/ct values. Overall revenues were in line but the company is noting that, along with the diamond industry, buyers are not willing to pay a premium for goods as to where significant uncertainty remains on the quality of finished goods. We remain..."

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