I have asked mgt a few questions. Unfortunately most of the...

I have asked mgt a few questions.

Unfortunately most of the answers were the equivalent of a 'no comment' - I'm guessing some investor relations type was responding - which is not a good look for the company but I did get a few interesting tidbits as follows:

- the quarterly will contain details of the proposed exploration budget

- Pipe E4, which is on care and maintenance, does contain TQ (fancy yellow) diamonds as well (I expect restarting production here will be considered)

- there is possibility for another price increase to be negotiated with Tiffanys for the TQ diamonds.
(Personally I think it is inevitable that prices are negotiated to an extent that E4 becomes easily economic...Tiffany's does not want to lose its supply of TQ diamonds provided from a 1st world country)

Had the responses been a little more detailed, I would perhaps be building my position. As it is though, I will now wait until the quarterly before making a decision whether to acquire more.

Cdchi1