An essential factor that is still unclear to me is the long-term perspective of consumers. This discount will impression the clients in Botswana that obtain diamond allocations for local factories. Originally Botswana wanted these factories to be established and supported with allocations from De Beers. My reflection on the deal, as we know it to be, is that De Beers had no choice but to simply accept the calls for of Botswana’s government. Should the Ukraine war stop, an emotional rebound globally is on the cards which could imply a surge in diamond acquisition.
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