Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
I think the new disclaimer is simply a wordier version of the previous disclaimer. I think they have likely made it wordier in an attempt to make it more accessible (easily understandable) to the ‘lay person’. For me, it doesn’t add anything to what was stated in the previous disclaimers.
Https://nehandaradio.com/2015/08/02/marange-consolidation-not-the-answer/amp/
ACR gained property rights to the area after De Beers let its licence expire. Tucker said that diamonds at the mine were "frosted", giving the impression that they were less valuable industrial-grade diamonds.
He added: "We think others missed a trick – we knew their real worth, but we've never been able to mine there. We're still waiting on the full judgment from the court, but we hope we can resolve the issue with the government. We'll have to fulfil some spending obligations at the mine, but we think that can be sorted."
What do you think was meant by this?
Https://www.paulzimnisky.com/long-term-rough-diamond-price-versus-inflation-chart
Rough diamonds appear to be worth circa 3 x more than they were in 2006 when the parcel was confiscated.
NEWMAN CHIADZWA: If you take the diamonds confiscated from me by the government, it was over 10kg. And that 10kg were only produced in one week, by less than 20 people. And I can put an estimate of around $15 million worth of diamonds which were confiscated.
REPORTER: $15 million?
NEWMAN CHIADZWA: US$15 million. Yes, because half of it were gem quality.
Diamond World publication December 2006, in an article about the diamonds…
‘Up to $300 million worth of diamonds vanished as the hand diggers moved some 1 million tons of earth in a 1.4 square mile area in one month. Now that the government has seized the property and evicted the illegal diggers, soldiers have taken over the mining, but ACR vowed to fight the confiscation in court.’
What do peeps think this means?
It’s an old quote….
ACR gained property rights to the area after De Beers let its licence expire. Tucker said that diamonds at the mine were "frosted", giving the impression that they were less valuable industrial-grade diamonds.
He added: "We think others missed a trick – we knew their real worth, but we've never been able to mine there. We're still waiting on the full judgment from the court, but we hope we can resolve the issue with the government. We'll have to fulfil some spending obligations at the mine, but we think that can be sorted."