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Yes, they increased their position on Monday… the market response, the share price goes up. That was the exact opposite of their intention, and now they have to buy them back at some point, which I itself is another share price increase driver….
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?