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Mountain Province Diamonds Inc MPVDF


Primary Symbol: T.MPVD

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Comment by Power33on May 15, 2023 11:06am
294 Views
Post# 35448248

RE:Selling abating

RE:Selling abating Diamond Boy, besides my estimate on how much de beers should pay to get into Kennady assets, the revised value of Kennady assets when pricing is adjusted to 2023 levels later this year and the gross sales of life of mine extension , duration of mine extension and profit attributable to mpvd, everything else is 100 pc factual and will stand up to full scrutiny. In the absence of any figures re above, I gave my best estimate. I may be higher or lower in reality. I think people should confirm what I have said and press the board to make my recommended changes. Mark Wall , ceo, said on investor call last week that there is a total disconnect between the inherent value of mpvd and the market value today. I am simply pointing out what I think are the reasons for this and actions that should be carried out by the board to eliminate the disconnected value. This is surely one of the greatest buys of all time at the current share price. I am certain that if someone reads my post from this morning in 12 months, when I think the mine will have been extended with a big payday from De Beers, when the company is debt free and looking at well over 15 years of dividends of up to 1 cad a year share, they will say how right I am. This is my last post on this stock. I will leave it up to other people to push for change if they are bothered. 
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