KDL
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0.00% 0.8¢ kimberley diamonds ltd

"Now the diamond mining industry is floundering as jewelry sales...

  1. johnyb26
    2,756 Posts.
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    05/11/15
    21:25
    Post #: 16335541
    "Now the diamond mining industry is floundering as jewelry sales stagnate amid a slowdown in China. An index of rough diamond prices hit a five-year low last month."

    I believe KDL had a global focus for their diamond sales? The global outlook remains very grim IMO. KDL's recent quarterly cash at hand compounds matters IMO. I notice KDL's share price continues to fall.
    http://www.bloomberg.com/news/artic...orever-for-botswana-as-mining-boom-fades-away

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    Last edited by johnyb26: 05/11/15
    KDL Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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