Petra Diamonds Ltd (STU:FPO)
€ 0.296 0 (0%) Market Cap: 65.53 Mil Enterprise Value: 291.17 Mil PE Ratio: 0 PB Ratio: 0.28 GF Score: 39/100
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Q3 2023 Petra Diamonds Ltd Trading Statement Call Transcript

Apr 18, 2023 / 08:30AM GMT
Release Date Price: €0.811 (-1.82%)
Richard Duffy
Petra Diamonds Limited - CEO

Good morning, everybody, and thank you for joining us today for a discussion on Petra's third quarter operating update for the three months ending March 31, 2023. I'm Richard Duffy, CEO; and with me is Jacques Breytenbach, our CFO, who will cover the key financial metrics. After taking you through our announcement, we'll open up for Q&A.

Please note that we will be recording this webcast, and it will be available on our website later today. Moderator, can I ask you to please take us next slide?

As always, let's begin with safety, which is our number one priority. Our lost time injury frequency rates increased sharply from 0.22 in quarter two of this financial year to 0.47 in the third quarter, and our lost time injuries increased from four to eight.

This increase was largely due to a single blasting-related incidence at Cullinan mine, in which four employees were regrettably injured. All employees have since fully recovered. The subsequent investigation identified a number of areas for improvement. These have been communicated

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