Company Background
| Primary Country Listing | UK |
|---|---|
| Status | AIM |
| Index | FTSE AIM All Share |
| Sector | Mining |
| Activities | Diamond mining and exploration company |
| EPIC | KIM |
Overview from Annual Report
| Overview from Annual Report | 31/3/2007 | 31/3/2006 |
|---|---|---|
| Ave. No. Employees (Excl. Directors) | 57 | 29 |
| Total Employee Cost | £0.383m | £0.276m |
| Gearing | -19.82% | -61.04% |
| ROCE | -53.53% | -14.44% |
Latest Results from Interim
| Latest Results - Interim | 31/12/2007 | 30/9/2007 |
|---|---|---|
| Turnover | £2.6m | £0m |
| Pre-tax profit | £-3.15m | £0m |
| EPS (undiluted and pre-exceptionals) | -1.71p | 0p |
| Dividend | 0p | 0p |
| Notes | Figures from 2006 in accordance with IFRS; Change of year end from 31 March to 30 June | |
Figures at Last Close
| Closing Share Price | 2p | |
|---|---|---|
| Number of Shares in Issue | 268.27m | |
| Market Capitalisation | £6.04m | |
Data provided by Hemscott.
Key Information
Introduction
An integrated diamond mining and exploration company focused on diamond production in Africa with complementary cutting and polishing operations. Building on an existing portfolio of revenue producing assets.
Group Structure
KimCor Diamonds Group
KimCor Diamonds plc ("KimCor" or the "Company") has over 20 subsidiary companies operating, exploring and/or holding diamond or industrial assets located primarily in South Africa and Tanzania.
Re-Admission to AIM
On September 21st 2007, KimCor completed its acquisition of the diamond and industrial assets of Dwyka Resources Limited through its purchase of Dwyka Diamonds Holdings Limited. The acquisition constituted a reverse takeover for the purposes of the AIM Rules and therefore required the publications of an Admission Document (report). Following approval of KimCor's shareholders at the EGM held on September 20th 2007, the Company's entire issued share capital and warrants were re-admitted to trading on AIM effective on September 21st 2007.
Current Share Capital Statistics
| Number of Ordinary Shares in issue | 268,265,577 |
| Number of Warrants in issue | 10,326,667 |
| Re-admission of Ordinary Shares and Warrants to trading on AIM | 21 September 2007 |