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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

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 tinytoton Apr 13, 2017 6:28pm
269 Views
Post# 26120965

RE:RE:RE:RE:RE:RE:RE:Jasux, if you please

RE:RE:RE:RE:RE:RE:RE:Jasux, if you please
tinytot wrote:
Jasux2001 wrote:
Potential dividend : $0.39/ share for 2017 (again , this is just theretical probability) 

 Thanks again.

I'd be thrilled with 20¢ a share. (This year.)


This was based on my assumption of $31,000,000 sold at each of the seven remaining sales. 

I think that number is conservative, if it hit $40,000,000 each time (a real possibility, I think,) that would send an additional pre-tax $63,000,000 right to the bottom line.

That would be another ~38¢ per share.
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