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Firestone Diamonds loses its glitz

Discounted equity raise underlines Liqhobong difficulties

Staff reporter
Firestone hopes the equity raise will ensure Liqhobong at least breaks even

Firestone hopes the equity raise will ensure Liqhobong at least breaks even

The company has gone to the equity markets looking for £18.5 million (US$25 million) to shore up its finances, while also agreeing a pushback of debt repayments with its lender, ABSA Bank. Firestone...

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