RE: Does anyone think Well your looking in the right direction. WWW diamonds said in their valuation that production this would lead to the higher end of the price spectrum .You dont have to look anywere but mpv own 2009 annual report to see the actual price or www international diamond price valuation s were much higher 134.06 [ITS ON PAGE 4 } .So what we go to production we see 33+% increase in value .Add to the valuation the facts their only talking 300 in depth and I think we will be better off going to production all this will come out in time and we will not get some stink 7.00 bid to buy this out .Dont get me wrong if a good offer comes in take the money and run I just do not see an offer coming in at 10 plus bucks .
At this point an offer based on npv is in order but using these numbers its way under valued in my opinion !!! Do some math in 3 ,4 years what our earnings per share even if at 5 bucks we have to come up with our half of construction plus plus a whole bunch of expences .Their a lot of guess work so I will not boar everyone but anyway you shake this three money will fall out .ACTUAL PRICE 134.06 diamond prices forcast to go higher take a look at abz or as known now hw at earnings per share at their peak .Diamond prices will be higher in three years and 25 carrot stone will come to the surface mpv will earn as much per share as hw did .I ll have to go back to some old statments but I know for sure I earned more per share in dividends per year than I paid for abz .Now back to mpv same deal Two bucks plus per year in dividend income is possible and tax wise it will make a hell of a lot more sense than sell paying cap gains on 10 bucks .
At this point I apologise for my rant a lot of us have been here for a long time and are glad to see this project finally moving forward would be a shame to see someone else reap the gains from our patients
Onwards and upwards and happy investing