A very solid quarterly that will most certainly put a floor under the SP. I’m very happy with how things are progressing this year and am convinced we are extremely undervalued.
The percentage increase was expected at the end of 1Q20 and the negotiations were put on hold for 6 months due to COVID. I have no doubt the company has been working hard to finalise this since the negotiations started up again in January. My feeling is we'll hear news on this shortly.
With Diamond prices having recovered and are now above where they were before COVID our SP won’t be this low for long.
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