Half Year 2019 Gem Diamonds Ltd Earnings Call Transcript
Good morning, ladies and gentlemen. Welcome to Gem Diamonds half year results conference call. (Operator Instructions) Please note that this call is being recorded. I would now like to turn the conference over to Clifford Elphick. Please go ahead, sir.
Good morning, everybody, and welcome to the Gem First Half 2019 Results. If you look on Page 2, there is the standard disclaimer, which I don't expect you to have read, but of course, it's relevant for these results. If you flip onto Slide #3, this is a high-level summary of the performance, and we will get to the detailed aspects in this highlighted slide.
If we move over then to Page 4, the commentary here -- Slide #4, the commentary here on the diamond market as we currently see it. The global economic backdrop is still difficult and uncertain, even though that the U.S. economy is growing, perhaps more so on the tech side. The issue of rising geopolitical tensions and the trade war, really is causing huge uncertainty with the
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