Brief: Bluerock Diamonds Says It Is Facing Increased Costs Of Production

Bluerock Diamonds

01/06/2022 10:37

June 1 (Reuters) - Bluerock Diamonds PLC  BRD.L :
    * BLUEROCK DIAMONDSPLC  - OPERATIONS UPDATE
    * BLUEROCK DIAMONDS PLC - FACING INCREASED COSTS OF
PRODUCTION DUE
TO HIGHER DIESEL PRICES AND INCREASED COSTS OF MAJOR SUPPLIERS.
    * BLUEROCK DIAMONDS - DELAYED ROLL OUT OF CO'S MINING
DEVELOPMENT
PLAN WILL IMPACT PRODUCTION OUTPUT IN Q2 AND EARLY Q3, AND
THEREFORE 2022 OUTLOOK
    * BLUEROCK DIAMONDS PLC - GUIDANCE FOR 2023 REMAINS
UNCHANGED
    * BLUEROCK DIAMONDS PLC - S CASH RESOURCES HAVE BEEN
DEPLETED
DURING WHAT CONTINUES TO BE A PERIOD OF HEAVY INVESTMENT IN
MINING DEVELOPMENT.
    * BLUEROCK DIAMONDS PLC - ENTERED INTO DISCUSSIONS WITH A
MAJOR
SHAREHOLDER AND PROVIDERS OF DEBT FINANCE

Source text for Eikon:  ID:nRSA5572Na 
Further company coverage:  BRD.L 

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