Ann: Lulo Special Distribution, page-35

I'd say the 1.1mill would be Sodiams' broking fee (but I could be wrong). (As Izlush suggests)

Great news that we have received this direct injection of cash to further expansion. We are the poster boys of the Angolan Govt's overseas investment development, it is in their interest to share the lollies around... sends a very positive message to other potential investors in the country, and with the drop in oil revenues, diamonds are an excellent good-news-story, 404 was a pretty good advert for the nation's potential.

On a potential down note... I wonder if the LOMOB's are now under threat as the income they were to generate to propel development is already on our ledger from 404's sale. Hope not cause I got some!

GLTAH.