Despite raising just $83,000 in seven months, the backers of the deal to spin off Conquest Mining's diamond assets remained confident of raising the necessary $5 million, claiming Malaysian interests intended to take a $2.2 million stake.

Despite raising just $83,000 in seven months, the backers of the deal to spin off Conquest Mining's diamond assets remained confident of raising the necessary $5 million, claiming Malaysian interests intended to take a $2.2 million stake.