Thursday April 24, 2014


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Gem Diamonds Disposal – Very Confusing

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- Tom Winnifrith

Maybe I am just thick but today’s news from AIM listed mining stock Gem Diamonds (LSE:GEMD) that it is to sell its Australian diamonds mine at Ellendale has me utterly baffled. You see the price tag just bears no relation to its balance sheet value. Needless to say it is the price tag that is far lower.

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