By Robert Tyerman | Tuesday 25 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in West Africa-focused Stellar Diamonds (STEL) may have lost nearly 98% of its AIM value since floating at 20p eight years ago. But chief executive Karl Smithson hopes to overcome market scepticism as the company moves to follow a positive new preliminary economic assessment of its flagship 1.45 million-carat Tongo kimberlite project in Sierra Leone with a full mining licence application.
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