nothing going ATM, page-6

Company has already advised production of diamonds will be announced on a quarterly basis, from the June quarter. Most companies that create fluff with ongoing announcements will backfire as will attract mostly day traders seeking the adrenaline pumps only.

On top of this the 1/4 is nearly over and no need for a cap raise at this stage, indicating that diamond sales have been offsetting outflows. Most likely company will revert to a financing facility to cover any imbalances in cash flows as previously explained in quaterly.

I think the company has done a good job with getting on with job at hand, increasing production, investing in new production plant/scrubbers, calibrating XRT machine and clearly outlining what is being done and how things are progressing in quarterlies. Sp will reward the patient and quiet accumulators at these levels. Currently we are witnessing the EOFY standoff.