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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 > Most revenue comes from small rough
View:
Post by Diamondboy123 on Feb 01, 2023 11:37pm

Most revenue comes from small rough

Debeers raised price on same in last offer. Lowered on big carats but raised on lower. Portends well for mpvd.
Comment by explman on Feb 02, 2023 11:41am
So you are telling me that the smalls make up the majority of the revenue of GK. That is your belief.
Comment by explman on Feb 02, 2023 12:32pm
A quote from a MPVD press release....seems somebody does not know what they are talking about.... "Prices for the better quality larger goods, where the majority of our value lies, remained strong throughout the year...."
Comment by explman on Feb 02, 2023 2:47pm
And from a second release "We continued to see good price bids for our better quality larger goods where the majority of our value lies." Seems MPVD seem to think the majority of their revenue comes from the large goods. Perhaps you should offer them them some help in better understanding their mine, their sales, and their cash flow.
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