UK 17:54 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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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Comments
Bobby Chariot
1-50 Consolidation? Uh oh, might as well sell these now then.
Consolidations hardly ever work.
VINES
it doesn’t sell any diamonds so the diamond price is irrelevant, this is a punt on stock promotion. take a position and hope it gets ramped so you can sell on to a bigger fool
J P Spaghetti
A curiously-timed article given Malcolm’s on Ross (though I appreciate this is different).
Anyway, how are yer nerves holding up these days Bobby?