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    CMT   AU0000118994

BURGUNDY DIAMOND MINES LIMITED

(CMT)
End-of-day quote. End-of-day quote Australian Stock Exchange - 01/24
0.235 AUD   -2.08%
01/18Burgundy Diamond Purchases Fancy Yellow Rough Diamonds
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2021BURGUNDY DIAMOND MINES : Annual General Meeting Presentation
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Burgundy Diamond Mines Limited Starts Work on Polishing Fancy Colour Diamonds

10/20/2021 | 05:59pm EST

Burgundy Diamond Mines Limited announced that the first parcel of rough Fancy Colour diamonds purchased in September has now been received at the Company's cutting and polishing facilities in Perth, Western Australia, and planning for the polishing of these stones is underway. Burgundy announced the purchase of a small number of large rough diamonds from Arctic Canadian Diamond Company Ltd. ("Arctic"), owners of the Ekati Diamond Mine in Northwest Territories, Canada. These diamonds were shipped to Perth and planning is now underway to maximise the value to be extracted from these stones. The diamonds are Fancy Vivid and Fancy Intense Yellow stones, with the one weighing 17.8 carats, and form a perfect entry point for Burgundy's unfolding strategy of production of high-value polished Fancy Colour diamonds, and a progression towards the Company's own production of Fancy Yellow goods from the Ellendale Diamond Project in Western Australia.


ę S&P Capital IQ 2021
All news about BURGUNDY DIAMOND MINES LIMITED
01/18Burgundy Diamond Purchases Fancy Yellow Rough Diamonds
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2021BURGUNDY DIAMOND MINES : Annual General Meeting Presentation
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2021BURGUNDY DIAMOND MINES : Starts Work on Polishing Recently Purchased Rough Diamonds
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2021Burgundy Diamond Mines Limited Starts Work on Polishing Fancy Colour Diamonds
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2021Burgundy Diamond Mines Limited Appoints David Edwards as Chief Financial Officer
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2021Burgundy Diamond Mines Limited Appoints David Edwards as Company Secretary
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Financials
Sales 2021 - - -
Net income 2021 -12,1 M -8,47 M -8,47 M
Net cash 2021 1,69 M 1,18 M 1,18 M
P/E ratio 2021 -6,02x
Yield 2021 -
Capitalization 77,4 M 54,1 M 54,1 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 85,9%
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Managers and Directors
Peter J. Ravenscroft Chief Executive Officer, MD & Director
David Edwards Chief Financial Officer & Secretary
Kim Truter Non-Executive Chairman
Jeremy Taylor Vice President-Operations
William Michael O'Keeffe Non-Executive Director