Production growth across all mines in Petra’s portfolio are to drive significant growth. ; Volume expansion is combined with grade uplift resulting in geared growth. This will result in significant margin expansion. ; Finsch and Cullinan, the flagship mines are world class assets. ; Capex peaks in FY 2015/2016 with strong free cash flow generation to follow. ; Recent BEE deal gives scope for dividends to be brought forward. ; Diamonds to continue to perform on supply/demand fundamentals
10 Dec 2014
Cashing in as Production takes off
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Cashing in as Production takes off
Petra Diamonds Limited (PDL:LON) | 42.0 -0.3 (-1.4%) | Mkt Cap: 81.6m
- Published:
10 Dec 2014 -
Author:
John Meyer | Sergey Raevskiy | Simon Beardsmore -
Pages:
39
Production growth across all mines in Petra’s portfolio are to drive significant growth. ; Volume expansion is combined with grade uplift resulting in geared growth. This will result in significant margin expansion. ; Finsch and Cullinan, the flagship mines are world class assets. ; Capex peaks in FY 2015/2016 with strong free cash flow generation to follow. ; Recent BEE deal gives scope for dividends to be brought forward. ; Diamonds to continue to perform on supply/demand fundamentals