Image credit: Gemfields
(miningmx.com) – It’s not often retail investors speak out at the presentations of companies in which they’re shareholders. But that’s what happened earlier this month to Gemfields, the Johannesburg- and London-listed coloured gemstone mining and marketing firm. “You look after us and we’ll look after the share price,” an investor instructed management during question time after having absorbed the disappointing news that Gemfields’ 2019 financial year would not conclude with a dividend. Gemfields is very far from paying another dividend. In fact, the watchword for the firm’s 2020 financial year is ‘survival’ going by the comments of Sean Gilbertson, its CEO.
