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Gemfields at R0.66 is basically trading on fumes. Emerald prices have been weak and Zambia operations are u…by @franco_cape on $GML

FR
Franco C.@franco_cape·MemberNeutral

Gemfields at R0.66 is basically trading on fumes. Emerald prices have been weak and Zambia operations are under pressure, but the asset base in those mines is still there if sentiment shifts. Been holding since the mid-2000s rally, this isn't a quick flip for me. Reckon it's a five year story minimum if they get commodity tailwinds.

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