GREY:DFIFF - Post by User
Comment by
kegastonon Feb 05, 2003 8:46am
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Post# 5837171
RE: The Rock17
RE: The Rock17Once again your interpretation of the information is on steroid....
Let look at the facts you and DFI state..
Mining capacity per vessel 500 Sq M per day.
Efficiency: 75%
Days of production per month: 30
Grade: 1.14 Ct/sq. M
Now if you make the math this would give you the follwing data:
(500 Sq. M * 1,14 ct/Sq.M) * 0.75 = 427.5 Ct per day.
427.5 * 30 = 12,825 ct per months....
Now let look at the DFI Press Release:
3,500 Ct (assume to be for 30 days)
Therefore how can you explain this difference....
I can only come up with two reason: either your grade estimates
are wrong, and the real grade is close to the information found in
the AIF and confirmed by independant expert.....
Or your garde estimates is rigth and Gemfarm efficiency is only
20%.....
The problem with our claims is that you will only attrap with these
types of claims short term player (flipper) that will be frustrated by
the time it will take for the company to ramp up production to your
numbers..
Also this stock is going to have to through a consolidaton phase
and this may take longer then you all think.