Time to put diamonds on your radar screen, with Kimberley Diamonds (ASX: KDL) surging by 400% over the past year
MineLife
Time to put diamonds on your radar screen, with Kimberley Diamonds (ASX: KDL) surging by 400% over the past year. KDL is our preferred diamond exposure and it has made a seamless transition to production status at its Ellendale diamond mine in Western Australia, which it acquired earlier this year. The company has just paid its maiden 2c a share dividend and embarked on a Botswana diamond acquisition, which provides it with strong growth prospects. It share price has surged from a low of $0.12 during October 2012 to an all-time high of $0.62 yesterday.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).