Fully financed for new plant which is fit for purpose. : Historic mining and sales supports price valuation and de-risks the project.: Scope for recovery of larger stones provides upside. : Liqhobong compares well with its peer group in terms of grade, price and costs.. : In world class category with full ramp up delivering 1m carats a year. : Lesotho country risk increased but may be offset by fiscal and ownership terms. :Diamonds to continue to perform on supply/demand fundamentals.