That report was made in June, well before the current...

That report was made in June, well before the current shenanigans were the subject of ASX questioning.

I for one accept that money could be made out of their leases.

What I doubt is that (a) financial arrangements of the loan to AXIS and (b) the family convertible note loans to the company, will allow proper financing for the exploitation of the resources.

Justified or not, I have a worry that diamonds found and sold will be carelessly accounted for.