I don't think that's correct. 11k carats sold for a total of USD $5.9m in Q4.
Cash and receivables reported is concerningly low at $0.3m - you would hope the majority of that is cash and not receivables. The diamond inventories at 1,872 carats is worth $1m at the Q4 average of $541/ct. It appears that Mothae is running at close to break even which isn't great. Hopefully the needle turns soon.
The increase in the 'development loan owing to Lucapa' I would assume relates to interest on the loan, and potentially some further investment in the mine (asset management / maintenance possibly).
Ann: Consolidation/Split - LOM, page-21
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Last
6.8¢ |
Change
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Mkt cap ! $19.72M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 130000 | 6.5¢ |
Sellers (Offers)
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| 6.8¢ | 499985 | 1 |
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Change
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| Open | High | Low | Volume | ||
| 6.7¢ | 6.7¢ | 6.5¢ | 20717 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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