Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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.

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Mountain Province Diamonds Inc > Debt renegotiation preventing MPVD to go up?

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Post by MDiamonton Jun 13, 2022 8:45am

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Post# 34751256

Debt renegotiation preventing MPVD to go up?

Considering diamonts at record prices, solid company results plus recent good news, it seens the only possible explanation for MPVD to remain at these price levels is the $400M short-term debt. With the interest rates growing non-stop it is a fair concern. What kind of premium the company will have to pay to renegotiate such large amount? Should we expect a large dillution? What you guys think is going to happen?

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