RE:RE:RE:RE:RE:RE:RE:RE:RE:wonder whatMac - first you say WWW fudged the numbers and now you're saying De Dums salted the core. That's a pretty serious charge against the operator. Remember, the De Bums did the drilling and processed the core in South Africa. I recall they kept the diamonds in London where WWW valued them.
Why am I still in this dog? Well, I have a long view of the supply demand fundamentals and believe that the high margin operation will generate strong revenue for years to come.
Have mistakes been made along the way? Sure. WWW overestimated the diamond values, which tells us the samples were too small. De Bums underestimated the grade, which tells us the drill samples were inadequate.
Does that excuse what's happened since PE left to be CEO of Dominion Diamonds? No! The Dotards should never have paid such a high price for KDI. Whitless should never have misled shareholders about an imminent deal with de Bums on the KDI properties. Those weren't technical problems due to undersampling.
Anyway, as of today I've made up all my losses on this dog with PE's Pan Global which broke through 70c this morning.