EPD could this go to £40 per share ?????

Gen 2.
I didn't say 60,000 in sale in january, I said stockpile by later in January should be at least 60,000 carats...I base this on the information that EPD has given.

In August they said the first parcel for marketing was likely to comprise some 15,000 carats and the size of parcels was expected to rise thereafter to the 24,000 carat level per month envisaged by the year end.

On 22 september they said...European Diamonds is pleased to announce that the first batch of primary kimberlite has now passed through its new diamond recovery plant... The mine is currently working with a single shift but is on course to be running at full capacity to produce 290,000 carats per annum of diamonds by the end of the year.

So
(Jun Jul Aug Sep) I estimated a total 15,000 carats
Oct 12,000 carats
Nov 12,000 carats
Dec 24,000 carats
Jan 24,000 carats

= expectation should be 87,000 carats in stockpile by end of Jan 2006...I scaled it back to 60,000 to give them benefit of doubt.

Am I holding?....Don't see why that matters... But no. Have I held? Yes...Not much...circa £5k.

My last trade was in at 35p...out at 42p...

Do I plan to buy?....Not while the overhang exists and not while EPD continue to fail on its predictions.

Sure they may turn up in Jan with a sale of 30,000 carats and the price may jump to 35p....But the market is not yet convinced and plenty can happen over the next month...It could rain again for example.

There is potential here or Meike wouldn't be hanging around, but it could be for one more spike down....Who knows...I don't...And no-one else here does for sure.