I mean clearly the share price has been struggling but the current global economy is not exactly a bull market for diamonds and any company that isn't cash flow positive.
The management team here is A tier so either your comments are trolling or you arnt the sharpest tool in the shed.
priority so far has had to be on LOM extension and the changing of the surety bond. The financial set up to acquire this asset was obviously very hard to do and getting these things changed has had to be the focus so that the company doesn't go broke.
One of our major share holders is in the down stream market and has been mentioned multiple times. They
wouldn't have taken such a large piece of the company if they weren't planning to be involved in the buy and selling of our diamonds.
haha rereading the comments above. The company isn't going broke and isn't in a dire position. Short term it would be nice if diamond prices were up 20% and fingers crossed all the LOM extension plans go off without a hitch.
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2 | 161888 | 0.120 |
4 | 311956 | 0.115 |
1 | 50000 | 0.110 |
1 | 15000 | 0.105 |
Price($) | Vol. | No. |
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0.130 | 176850 | 1 |
0.135 | 125000 | 1 |
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