VIDEO: BlueRock Diamonds’ exec chair Mike Houston talks through new management team’s strong progress and ambitious growth plans (BRD)

By Patricia Miller

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On Wednesday, ValueTheMarkets’ Ben Turney hosted Mike Houston, executive chairman at BlueRock Diamonds (LSE:BRD), in a recorded presentation and interview. Houston began by providing shareholders and potential investors with a detailed run-through BlueRock’s progress since he joined the company as part of a new management team in May last year.

Despite a tough macro backdrop, the revised strategy adopted by BlueRock’s new leadership has really paid off. The company delivered record production from its Kareevlei Diamond Mine in FY19, met all of its output milestones, and operating profitably for the first time in the second half of 2019.

Following an initial presentation, Houston fielded a number of questions from audience members. These spanned a wide variety of topics including the recent peaceful demonstration at Kareevlei, BlueRock’s cash position, and what sort of diamond production levels can be expected moving forward.

To view a full recording of the presentation, please see the video below:

Meanwhile, to download a PDF copy of the presentation slides used by Houston, please click here.

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Bluerock Diamonds

Author: Patricia Miller

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.