CLARA-fication pleaseWe need to know how Karowe diamonds are sold through Clara.
ie does Clara purchase them outright and sell them on, or do they sell them on commission?
If the former, who determines the internal cross price between Clara and Lucara; and who pays the royalty? And if the latter, which price is the royalty calculated upon? Bear in mind that management and other elites are getting a rake-off from Clara EBITDA.