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.
West African gem play Stellar Diamonds (STE) is hoping to bring two projects into production in Sierra Leone, which could yield 400,000 carats annually for a combined capital cost of $90 million (£56 million). But Stellar will need money to fund these ambitions from investors, potential partners or even bidders. This has obvious implications for the share price.
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