wd is right. If there is minining to anything like schedule the shares will be rerated. If there are delays they may fall further, to recover when production hits schedule. So there is a timing point maybe.
mieke - the point is the market has no faith in the mgmnt hence the share price. When there is proof that the business can perform - ie big sales of diamonds the price will recover, along with the faith in mgmnt.
Now for some good news that is 100% genuine and original. My brother has just sold his diamond busines to a chap who has a friend who does the diamond mine blasting in Lesotho. His opinion is that Liqhobong is very rich and that EPD are onto something huge. I did this research because like many I had become sceptical that there was any real value in EPD. This has put my mind at rest -these are wizened diamond insiders, not 28 year old City mining analysts. Proper research IMHO. I have bought more.