MPV vs PGDMPV owns 49% of GK its share of production is 2.2 million cts per yr.The total cashflow credit to MPV will be $319 US million pr yr.the total ct inventory credit to MPV is 24.5 million cts.MPV has no ther pipes to add to a mine plan.
PGD owns 100% We can mine 2 million cts pr yer with a cashflow of $472 US million.It is a safe bet that the two pipes in the mine plan will hold 30 million cts.PGD has 6 other pipes to bring into a mine plan.
MPV market cap is $800 million with the mine fully financed Dundee has a $9 to $11 target on it shares during production this would bring the market cap up to around $1.6 billion for its 49% of GK.
PGD had already more likely more ct inventory than MPVs credit with almost $100 more value per ct than MPV in just the two pipes.If PGD succeeds in bringing in the other 6 pipes then the total mine inventory of cts will greatly exceed GK.
Its is very clear that and $800 million MPV market cap in relation to PGDs $50 million market cap has to close big time as we move to the PEA in six months.
For those who missed Ekati or Diavik its here and now for the taking of only 19 cents.
You will not get shares in PGD under $1 in less than 1 yr when the PEA numbers blow MPV 32% IRR out of the water to be at the very least twice that IRR.
GK:
Project Development[edit]
A project study was started in 2004. An evaluation program in 2006 was followed by a drilling and sampling program in 2007. In September 2009 a feasibility study on a proposed mine was begun (by JDS Energy & Mining Inc), which was completed in September 2010. De Beers and its partners approved it in June 2011 and are preparing a plan and budget for a final decision on whether to go ahead with the mine project.[4][5] If it proceeds to an operating mine, is expected to annually mine 3,000,000 tonnes (3,000,000 long tons; 3,300,000 short tons) of kimberlite, and to produce 4,500,000 carats (900 kg) per year over an 11-year life.[4