RE: RE: Good read...the economics point to Dianor.I think a partner has been in the works for quite some time now.
A while back JR had an interview where he said the monopoly with de beers and rio was over and a thing of the past.
It either means he was taking a shot at them to step up or JR already had other plans and they were not in it.
I do not sense an urgency for the bulk sample as urgent as it seems to us, the big guys already know what we got, they do this for a living. The bulk sample is just part of the process, enough has been done they know whats in the ground.
For their time line the bulk being done next year would be fine, they don't need the diamonds this year nor I expect next.
They could have a 5 year plan for leadbetter to be a mine, no rush the demand is not present today.
Getting leadbetter secured however is a rush.
I hope to see a buyout soon as it has been in the works I expect for around a year by my guess.
Also as I have said before there have been lots of documents produced and made public that would have been required for buyout talks and information.
Total speculation on my part but I doubt I am far off.
The big question to me is how fast will news be released, are we going to be drip fed like we always seem to be or is it going to be fast and furrious.