Petra has released an update this morning for the initial results of their third Tender (T3) of FY 2024 as well as the approval with Absa bank to increase their revolving credit facility by ZAR750m (c.$40m). For their T3 results, 462.8kcts were sold for a total of $58.7 million, representing a c. 20% increase in like-for-like prices compared to T2. We note, that price increases tender on tender, have increased across the product mix. Smaller than 2ct increased 20% whilst the 2ct+ saw increase ....