Comment by
Bigoil2113 on Sep 24, 2022 4:34pm
At the last 30 seconds or so of the video, John has a graph of potential share price appreciation based on the different stages of the exploration. At the PEA stage it shows approx 1.00$ may the production/sales stage it shows a potential high side of 8.00$.
Comment by
Ekatikki on Sep 25, 2022 9:15am
That's why we are in here. High risk but huge potential also. And still nobody ( only few ) is watching the diamond exploring scene for the moment grace to a decade of winter. Eka
Comment by
Ekatikki on Sep 25, 2022 12:09pm
I don't think we will ever reach that 8 dollar because that's when the mine is ready to produce. Don't know where we will be at that graph when ADD sells the deposit to a major. Will depend on so much parameters but I can imagine we will catch a few hundred millions at least for it. So a X 20 is what I expect to earn. Eka
Comment by
Ekatikki on Sep 25, 2022 1:55pm
We also don't know how much we will be diluted in coming months, therefore I rather do my math in market capitalisation. Eka
Comment by
Bigoil2113 on Sep 25, 2022 4:40pm
https://www.nrcan.gc.ca/our-natural-resources/minerals-mining/minerals-metals-facts/diamond-facts/20513 this is a great read showing the decline in diamond production from 4 Canadian mines and the need for more quality ore.