RE:RE:RE:Speculations on the futureMac and Gabby, thanks for your thoughtful comments. Gab, I too am impressed with, as you say, the "urgency" that KDI has shown in mapping its holdings. I rather suspect that, after the initial Faraday data, they started working the "neighbours" to see if folks would be willing to add their leases to KDI; some sed "yep" and some, notably DIA and CTM, said "nope". If I remember correctly, the initial KDI leases were few, mostly around Faraday; only later did they expand to the current larger area, and come to include Doyle. Once the diamond cat was out of the bag, DIA and CTM stepped up their local activities. So KDI needed to bulk up and show progress to hold its leases... and prepare for the PEA and eventual NI43-101 ahead of its competitors. May actually have been terms of the lease acquisition, but I can't find any supporting news releases.
Mac remembers which leases were "shared" with deBeers and which leases, adjoining the GK project, were exclusive to MPV, and I thought at the time spinning out KDI as a freestanding company was a very smart move to separate the two, particularly when MPV was more dependent on deBeers than it now stands. Keeping the JV as as JV and the wholly-owned bits as a completely separate entity shaped the nature of the MPV-deBeers relationship... IMHO, to our benefit. Make deBeers properly pony up its share of additioal cash if it wants to explore more of the JV areas, and let KDI now manage its own exploration, which now (with a decent-sized kimberlite mapped out) gives MPV a bit of a backstop should things with deBeers be less than perectly rosy.
Comfortably long, and getting more so. Comfortable, that is...