RE:Paid off another 12 million in debt in April Mpvd made RECORD 67m cad ebitda in q1. It also had earnings per share of 13c also for q1. Net debt was only 131m cad when you adjusted total debt by positive working capital of 160m cad on 31 March.Normally companies are valued at between 6 times ANNUAL ebitda and 10 to 12 times ANNUAL earnings per share. Mpvd is valued at 1.45 times q1 ebitda??? It is clear from release the life of mine will extend well beyond 2030. How many carats are in the Hearne extension? It could be anything reading the press release. The value of the faradays and Kennady deposits must by well north of 3bn euros at 2023 valuation of the carats. This is owned 100pc by mountain diamonds. I think a very strong arguenent could be made for De Beers to pay mpvd 500m usd to be able to jointly develop the Kennady lands, and this money could come as soon as next year . I have always said mpvd should be worth 4cad. A strong case could be made for 7 cad after these STUNNING results.