RE: RE: MPV vs. KDI Valuations R. Thank-you. I was hoping someone would post something relevant. I rechecked my homework. If I understand the facts correctly:
1. According to the KDI website, the initial results from Kelvin - Faraday revealed that the kimberlites had diamonds similar to the diamonds in the MPV kimberlites.
2. The current drill program is to determine the size of the resource/kimberlites.
3. MPV spun out KDI because they were not getting any value for KDI property.
So... my guess is that PE et al know that the KDI resource is substantial, just how substantial is anyone's guess until the most recent drill results.
However, if the current drill program hits kimberlite then there should be diamonds in the samples because we already know that the KDI kimberlites have diamonds.
Is all of this correct and am I just stating the obvious?