This is a very exciting company with bags of potential IMHO. The tie-up with De Beers and the amount of their Mopipi site as of yet unexplored means that, if they're lucky, this company could really be going places. De Beers lend some credibility to their work and although the sp has been impressive of late I believe there could be a lot more to come. I would be interested in the views of others on this one.

Two new joint venture agreements with De Beers but little movement in the SP. When is this going to take off again?

queen1,

"take off again"?

I have pasted the chart for the last year below, it looks ok to me!
Give me a steady rise over a vertical climb any day, because IMHO it's more sustainable.



I have only read today's RNS briefly, but can see only good news contained within, and further JV's with De Beers are the icing on the cake, surely?

Once I have read the RNS more thoroughly, I will post some highlights here to discuss.

Andy, forgive me for letting the yuletide tradition of "Bah Humbug" cloud my judgement but what the hell happened today, losing 8%???!!!

queen1,

To be perfectly honest, no idea!

The volume was low, less than 100,000 traded, but yes a disappointing drop after what I thought were decent results yesterday, and also positive updates on all their projects.

i'm not sure what else the market wanted, maybe a few T trades closing after results were announced?

I am bullish for 2005 for FDI, and a long term holder, so I'M not too worried by intra day drops, although I certainly hope that is thE last 8% drop we will see!

Here, here! I'm hopefully in for the medium-to-long haul as well but could do without such large, crazy swings. I get enough of that from holding CYC and ZOO!