RE: rns5 Dec 2017 07:17
Ahead of the reporting change, the Company has set out below, in summary, the monthly production and sales figures for 2017 highlighting the continued progress achieved throughout the year, following recommencement of production in March 2017.
Month Production
(2017) (1) Sales (2)
----------- ----------- ----------------------------------------------------
Revenue
Volume per
(t) Carats Value (USD) USD/carat Cpht t(USD)
----------- ----------- ------- ------------ ---------- ----- ----------
March 9,310 92 14,806 161 2.11 1.59
----------- ----------- ------- ------------ ---------- ----- ----------
April 6,837 207 90,719 438 1.60 13.27
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May 9,769 143 32,170 225 1.16 3.29
----------- ----------- ------- ------------ ---------- ----- ----------
June 14,427 101 35,970 356 1.56 2.49
----------- ----------- ------- ------------ ---------- ----- ----------
July 20,227 330 130,509 396 2.01 6.45
----------- ----------- ------- ------------ ---------- ----- ----------
August 20,929 400 131,908 330 2.07 6.30
----------- ----------- ------- ------------ ---------- ----- ----------
September 22,010 545 175,621 322 3.01 7.98
----------- ----------- ------- ------------ ---------- ----- ----------
October 17,285 610 226,404 371 2.64 13.10
----------- ----------- ------- ------------ ---------- ----- ----------
November 25,147 957 387,059 404 3.63 15.39
----------- ----------- ------- ------------ ---------- ----- ----------
Total 145,938 3,385 1,225,166 362 - -
----------- ----------- ------- ------------ ---------- ----- ----------
(1) Production numbers are based on a calendar month
(2) Sales numbers run from the closing date of successive tenders which are usually in the third or fourth week of each month. Carats per hundred tonnes relate to the diamonds placed in the tender, in all months all diamonds on hand were tendered and sold.
Production volumes have continued to increase throughout the year with the exception of April and October, which were impacted by excessive rain. It should be noted however that the Company has since implemented measures to reduce the impact of heavy rain in the future.
In November, the Company began processing the Level 2 kimbe