Paragon Diamonds Ltd
Investment Summary
- Largest shareholder, with 46.5% stake in AIM listed African focused diamond producing, exploration and development company
- Spun out from acquisition made in early 2010
- Market capitalisation of £54.4 million as at Feb 2011
Opportunity
- Cash generative business with operating mine in Sierra Leone
- Itself a major shareholder in kimberlite exploration projects in Lesotho, Botswana, Tanzania and Zambia
- Further licences pending
For further information please click here to access the Paragon Diamonds website
