Firestone Diamonds PLC : - Interim Results

4-Traders: Tim Wilkes, CEO of Firestone Diamonds, commented: "The higher than expected cash outflows in H1 2012 are mainly due to the general weakness in the diamond priceexperienced from July 2011 combined with technical challenges experienced at both the Liqhobong and BK11 plants. With the restructuring that has been undertaken, the Company is now focused on increasing Liqhobong's revenue per carat production in 2012 and in developing the Main Treatment Plant in order to reach our target of producing over 1 million carats per annum by 2015, whilst achieving the required run rate by Q4 2014".