KIM kimberley diamond company nl.

just having a quick look at the company reports, i note the...

  1. 29,656 Posts.
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    just having a quick look at the company reports, i note the following. from a report, back in august, i quote the following

    "This is expected to confirm the high value of the
    Ellendale 9 production. Diamonds recently recovered from the eastern section of Pipe 9 have been valued by Nick Yiannopoulos at an average of US$170 per carat."

    from a more recent report, i quote the following

    "Kimberley Diamond Company NL is pleased to announce that some 4,320 carats of diamonds recovered from the first 5 (1/2) weeks of mining operations on the Ellendale 9 Pipe, were sold earlier this week for a total of US$575,480 (A$1,056,000) at an average price of
    US$133/carat."

    it is the return per carat, that got my attention.. i may have misread something, because i also see that the average sale price per carat, is 100%

    anyway, just a bit of a contribution

    happy punting, if you buy, i did very well out of the stock




 
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Currently unlisted public company.

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