Just a note on a couple of points, the diamond market is not...

Just a note on a couple of points, the diamond market is not "very strong" at the moment, it has been quite flat for the last 5 years, though has picked up a little since the lows of 2015-16. It is still around 20% below the 2011 prices. Argyle shutting down will have some impact on the market but it is already significantly reduced in volume. MED is not currently a producing mine and if it does start it will likely produce less than 0.1% of world production, will be good for MED but insignificant to the overall market. It may also not be the only producer in Australia as Gibb River Diamonds may also be producing this year, unlike MED they are not suspended!