8245L & Alpha = Mugloto = Top $, page-11

10~15 bagger is possible, in fact very likely imo as a pure ruby player unlike Gemfields.

Gemfields spends way too much money.
Stupid company structure & operation strategies.
Big loss luxury brand lol.


"A thorough look at balance sheet shows a debt of $58m as of Dec 16. Company could have been suffering from cash deficit, as its monthly expense was at $10m amount to approx $60m by Dec 2016 and if put against sales of $51m and debt of $58m, and only $12m cash in book, any layman would have called it bankrupt or on the verge of."
http://www.diamondworld.net//Content/Gemfields-to-de-list-Game-changer-or-Game-Over/15331?item=15331

And they have ended up this..

Graham Mascall Sells 1,300,000 Shares of Gemfields PLC (LON:GEM) Stock

Posted by Brian Himes on Jul 4th, 2017 // No Comments

Gemfields PLC (LON:GEM) insider Graham Mascall sold 1,300,000 shares of the business’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 32 ($0.41), for a total transaction of £416,000 ($538,860.10).

Shares of Gemfields PLC (GEM) opened at 30.75 on Tuesday. Gemfields PLC has a 1-year low of GBX 29.00 and a 1-year high of GBX 57.50. The stock’s market cap is GBX 167.88 million. The company’s 50-day moving average is GBX 36.72 and its 200-day moving average is GBX 44.19.

Several equities analysts have recently commented on GEM shares. J P Morgan Chase & Co lowered their target price on shares of Gemfields PLC from GBX 53 ($0.69) to GBX 48 ($0.62) and set a “neutral” rating on the stock in a report on Thursday, March 16th. Macquarie boosted their target price on shares of Gemfields PLC from GBX 80 ($1.04) to GBX 90 ($1.17) and gave the stock an “outperform” rating in a report on Monday, April 3rd. Panmure Gordon reissued an “under review” rating on shares of Gemfields PLC in a report on Monday, April 3rd. FinnCap reissued a “corporate” rating and issued a GBX 95 ($1.23) target price on shares of Gemfields PLC in a report on Wednesday, April 19th. Finally, Peel Hunt lowered their target price on shares of Gemfields PLC from GBX 93 ($1.20) to GBX 83 ($1.08) and set a “buy” rating on the stock in a report on Tuesday, April 25th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Gemfields PLC currently has a consensus rating of “Buy” and an average target price of GBX 77.75 ($1.01).


Good days ahead of us.