RE:Don't you see...they (DeBeers) have operational control through their 51% interest. You OVERLOOK that DeBeers gave up their rights to 100% diamond marketing over GS output and MPV now has marketing discretion over their percentage of the JV output. So, the CABAL did cave in on this (albeit in a moment of DeBeers weakness and prior to their eventuaul 100% absorption in Anglo)
I agree with all your statements...good insight...but the only one I really care about is the following:
My guess is they want control (they already control but they want to OWN IT ALL) and will pay for it. KDI has to be absorbed by MPV or be part of a deal that includes MPV or else they risk being isolated and facing cost overruns (it will be absorbed eventually-it makes way too much sense!-this will be high grade feedstock for GK-and I suspect it makes them eventually change their mine plan AFTER all approvals, etc))
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