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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Comment by catsaftermeon Apr 19, 2014 10:28am
182 Views
Post# 22468965

RE:RE:RE:RE:This is all too cozy and convenient.

RE:RE:RE:RE:This is all too cozy and convenient.DenV, the geology and economics are inextricably tied together.  Impossible to evaluate one without the context of the other.  The NPV calculation "attempts" to capture this combination through analysis of the prospective capital costs, operating costs, and revenues generated by the deposit.  My perspective always is always a financial one, since that is what I do.  Your perspective  seems to be from the geological one, so, tell us what you think about the deposit that isnt captured in the NPV calculation.  Obviously, only reserves are captured, and we know there is a lot more resource than  that.  What about the flukes?  Any insight/opinions there?   What gets you most charged up about the rocks?  Where do you see upside thatr isnt captured by the latest FS?  One thing most prominent to me (again, this is financial) is the discount rate.  Once water permits are issued that 10% discount rate should experience immediate compression towards 5%.  Thats a big pickup. How about the permits?  Any insight into why the Mackenzie Valley Land and Water Board may or may not drag their heels?   Why would they not want to grant this water permit ASAP and allow the revenue streams to commence as early as possible?  


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