Re: just a thought...The point that has been made by many - notwithstanding that the market is the market - This stock should not be abywhere near this value. In the last three - 4 months we have doubled thge POTENTIAL toinnage. Got rubies and saphires.. Got some gold in the mix. Acquired an interest 30% of the leadbeater conglomerate rock with Metalex having 30%. Got an indication of the spread of diamond distribution overall in the DBR (diamond bearing rock) it is better than some mines headed to production in the North. We are not in the NORTH. Location Location Infastructure and labor savings.
DD includes all imaginable scinerios. From whoever- certainly the buyback could help a third party in their take over - less shares to buy back. Especially if the share price remains at these levels.
You and I are not the only ones to be able to see down the road. I bet DeBeers and Rio Tinto have one or two with brains and vision.
I am still in long because there is value in the company not yet reflected in the share price. Someone is going to buy my shares eventually but not at these prices.
Certainly there are conditions I would sell fast - WWIII - even then i would pause - diamonds are a stretegic material.
The Leadbeater congl does have some variation in diamond distribution - why certain places were chosen for the 50 tonner samples. I cannot imagine that there is not at least one Akati sized deposit in all of the deliniated conglomerate on the leadbetter property. Given the location advantage the stones values can be lower than Akati and DOR still wins or some third take over party.
You can bet your boots there will be a takeover attempt if the deposit is even one tenth as good as this board says it is.
If I was in charge of one of the big guys I would be positioning for the play NOW
So I ask who Is it? If debeers it will have to be hostile
Kasm