Hi Bill,
Not overly impressed with the per carat price either.
To be fair though, the trial mining however returned grades nearly double the forecast. If they can replicate this during ROM and move the carat price as modelled then the future looks rather sparkly don't you think? If not, well... Tight lines IMO but it's not all doom and gloom.
(I do still wonder whether the Mothae strategy would have been pursued if the current position in Angola was replicated in 2016).
Cheers all.
Ann: Mothae Diamonds Sell For A$5.3 Million, page-45
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