Final sales results for Tender 3 FY 2025
20 December 2024LSE: PDL
Petra Diamonds Limited
("Petra” or "the Company")
Final sales results for Tender 3 FY 2025
Richard Duffy, Chief Executive Officer of Petra, commented:
“Our third tender cycle yielded US$71 million from the sale of 700,803 carats bringing year-to-date sales revenues to US$146 million from the sale of 1,300,964 carats. Like-for-like[1] prices reduced by 7% from the previous tender cycle held in October reflecting a continued weak market across most size ranges, although we were encouraged by the 3% increase in the 5-10.8
