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Bullboard - Stock Discussion Forum 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... see more

TSX:MPVD - Post Discussion

Mountain Province Diamonds Inc > Jewelry sales up 38 percent
View:
Post by Diamondboy123 on Dec 26, 2021 10:01pm

Jewelry sales up 38 percent

Second only to used cares.  Back up the truck ladies.
Comment by Sparks on Dec 27, 2021 3:52pm
Looks like a very prosperous 2022 ahead. By my estimation at the current production levels and at current rough prices we should do an adjusted EBITDA of well over  CAD160 next year.  Crazy Provisions taken last year must be written back so 2022 will be on the back of a serious 2021 audited figure. Reversing the crazy provision of circa CAD200m  im expecting an adjusted EBITDA ...more  
Comment by Power33 on Dec 27, 2021 4:14pm
Sparks, alrosa and de beers depleted all their surplus stocks in 2021 to meet rising demand. These stocks are not there at start of 2022. Hugely increasing demand with a massive drop off in supply next yearfrom 2019 high, will have rough prices going up approx 30 pc next year. If Mpvd can sell at an average price of 100usd, easily achievable looking at diamond market fundamentals today in my view ...more  
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