7936567 Canada Inc SWYDF

RE:RE:RE:Where are the legacy shareholders?

[explorer49]

Legacy shareholders woke up and smelled the coffee a long time ago. Look at the facts: last reported realized diamond price = $144/carat. At 0.75 carats per tonne, that gives $108 per tonne. Minus $58 a tonne of costs, that leaves $50 per tonne. At 2.2 million tonnes a year, that's cash flow of $110M a year. But they've given away 20% with the stream, so that leaves $88M a year - to service the debt, etc. Bottom line: Quebec gets a diamond mine, employees get jobs, shareholders get zero!