Tuesday January 24, 2017
Eleven old farts delay Brexit - good: the contempt for an out of touch Establishment grows
Dreaming of Anelion - I feel I must go visit Mike the Vlach, whether he is still alive or not
Tom Winnifrith Postcard: The pampered silly wimmin on the #WomensMarch against #DonaldTrump just don't get it

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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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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