Watso, you are dead right in your reading regarding the carats...

Watso, you are dead right in your reading regarding the carats expected per carats mined so far. I think the point you are missing is they are not mining the pipes now, simply stripping the gravels from the top, which is one reason I like the stock. These gravels are also diamond laden, although of smaller size and quality. Indeed, I think a further read will show you where the average carots per tonne and quality are above the expectations taken from the bulk samples. Bulk samples are simply strips of the gravel overburden, pipe samples are taken from the drillholes.

In Kimberly's favour, they are getting an immediate cash return in a phase that would normally be expected to be an expense. This cash return should cover expenses in further exploration.

I have a small to medium holding and it is certainly on my watchlist for any market reaction.

Bomber