RE:Price of Oena diamond...interestingThanks for this article, I had not seen it before. Even though this analysis is already a few years old and despite some predictions (especially for revenue, profit etc) have been proved to be wrong, I think there is still lots of valuable information.
One part which was also on point is where they describe the coal assets simply as a mean to produce / increase cash flow in short term. Now that the diamond mines in South Africa show increased production, Tango can afford to dump the unprofitable coal mines. The only thing which still makes me wonder in this context is the disposal of the Moquita project in Angola. They managed to develop this project pretty quickly and shortly before regular production was supposed to start, they dumped it..
Nevertheless I agree, the future for Tango should be bright, and I expect to see some more news releases after the shareholders' meeting and the completion of the re-branding of the company which hopefully help to point the stock price in a more positive direction.