RE: RE: RE: Will PurcellWP is an A hole...always has been. He states small kims....BS. We will discover that the price per carat will be higher than the actual price and here's why. Some large diamonds were not used in the valuation. Diamond prices will increase. More larger diamonds will be found. Resource will increase as mining progresses. Other pipes will show increased value for this as a package...and who ever takes this over, will want all of it.
| Resources | Indicated 50.5 million carats |
| | Inferred 10.3 million carats |
Actual Price per Carat $185 - up 38%
Modeled Price per Carat $122 – up 41%
Ok lets do some math...again.
$185 x 60.8 million= 11.25 Billion.
$122 x 60.8 million= 7.5 billion. It will be on the higher side. That's right Mr Purcell. Small pipes.
cb