Re 404.2 carat diamond, page-20

Just shows you the craziness of markets. We hit 60c back in October. Since then we have recovered some serious diamond finds that will enhance the bank balance quite substantially.
With these finds I would suspect further capital raisings are now out of the question.
So that's a good thing. I would also imagine that this diamond would probably fetch in excess of 15 million, possibly as much as 20 million in the coming months.

So the company is very well placed right now and with exercising of options coming up they will have plenty of money for future working capital.

Why are they currently trading at only 41c.

There is the mystery of the sharemarket where sometimes you find it difficult to come up with an answer.

I purchased more today because quite frankly they are cheap.

Cheers.