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Paragon skating on thin ice

After a busy few months trying to execute its plans in Lesotho, AIM-listed Paragon Diamonds has run into trouble, admitting that it is short of working capital and could potentially default on one of its debt facilities.

Paragon skating on thin ice Paragon skating on thin ice Paragon skating on thin ice Paragon skating on thin ice Paragon skating on thin ice

Paragon has big plans in Lesotho. It just needs the money to execute them

The company, which suspended its shares on November 16 in line with the announcement, said it was in negotiations with possible funding providers over a number of potential deals, the most imminent