RE: Please ...18 Oct 2016 15:51
well, apparently they had 7.003 carats waiting for sale in October on 13th September, so assuming they did actually recover some more between the 13th and last weeks shut down. I would think a decent amount could be sold as soon as pos'
Released : 13/09/2016 07:00
RNS Number : 6257J
The diamonds yielded during August remain of a high quality, and four stones larger than 10 carats were recovered, including a 12.7 carat gem diamond. These diamonds will be sold in the October sale.
The Company's current diamond inventory is 7,003 carats. It takes between 30 and 45 days for diamonds recovered to move from the mine to Antwerp and be sold. As a consequence, the October sale will be relatively small but monthly sales are expected to build up to the 9,000 carat base case in the budget by December.
Released : 12/10/2016 07:00
RNS Number : 2807M
Stones recovered have been up to 19.4 carats in size, with a pleasing number of gems larger than 8 cts, including a 10.6 ct clear gem. Management is confident that achieved diamond values will continue to be in line with its estimated $164/ct base case.
It seems they were happy to sell 7k+ carats in September though. without a 19.4carat...
Released : 20/09/2016 12:45
RNS Number : 3440K
A total of 7,121 carats (cts) of diamonds have been sold in the current three month period through a combination of direct sales and competitive tender for total revenue of $782,455.