Gitr done
Aside from the feeling of being bent over on the finance deal and not excited about that part, I get the nesessity of being bent over for it.
We have 30 to 50 billion of diamonds in the ground , we can pass on the bent over we are getting to the majors (buyout) when the bulk starts producing results.
It is a bargain right now, later they are really going to pay and pay big, like I say you can't fix stupid.
PJ I love your idea of them promoting the stock on BNN, it is in their best interest and pumps the SP for everyone.
Thats worth a bit of dilution right there. they will really have to bring the coin to get a piece of the largest open pit diamond mine in the world later and companies will be lined up to buy it. Not only that it sounds like we have some serious quality diamonds in the ground as well as the massive quantity.
The writing is on the wall for a major mine the only thing left is who is going to be the big player to make a boatload of cash with it and who is going to miss out on this once in a lifetime opportunity just because they lacked the spine to make the move to secure it. which company is going to be the marshmelow and who is going to take home the prize.
Not only that the low cost mining of this site (leadbetter) would kick but in price against all the other existing mines, you could sell diamonds cheap to get more market share as the cost to mine is nothing compared to others.
It could rock the industry if it gets in the hands of some new companies that might be interested once proof is in hand, right now the big diamond players know we have it in the ground but later everyone is going to know.
Debeers and Rio and whoever could loose all control of market pricing for diamonds.
We have the vote over and we have the cash to get at it so lets giter done.
bring on the DMS