So what?
They just get converted to cash, LOM gets 40%, and that gets shovelled into exploration and admin.
and on we go, spending all the way, hopefully minimising CRs.
No tangible wealth is being created, i.e. nothing to improve share value.
Only finding a commercially viable kimberlite(s) will do that.
But you knew that, right?
Ann: 160 Carat Diamond Recovered at Lulo, page-61
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