Duffy states that capex increased on the back of planned expenditure relating to expansion projects at the Cullinan and Finsch mines, coupled with accelerated equipment replacement at Finsch. Particularly, the Koffiefontein mine contributed to the company's losses, incurring an operating loss of $8.7-million in the period under review. The operation has been making losses for a number of years, and Petra is taking important steps towards responsible closure of the operation. On the other hand, the Finsch and Cullinan diamond mines have the potential for long lives and are poised to deliver between 3.6-million and 3.9-million carats in the 2025 financial year. This while production at the Williamson mine will only resume during the first quarter of the 2024 financial year, following a tailings storage facility (TSF) wall breach. The company is undertaking maintenance and waste stripping to construct an interim TSF, to enable an efficient ramp-up in production.