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KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Comment by factRbeston Apr 06, 2016 6:41pm
128 Views
Post# 24738685

RE:RE:Interesting news

RE:RE:Interesting newsekim - (4/6/2016 5:32:34 PM)
RE:Interesting news
Very interesting indeed.

Sets up a fair negotiation to contract out time out of the Gahcho Mill without a conflict of interest.

Also means Patrick/MPV and partner De Beers can crucify KDI with huge milling costs to get the biggest profit from the deal as possible (on behalf of their own shareholders).  KDI can no longer shout at Patrick over a bum deal...they only have the new CEO to shout out who has little control over a deal.

I would assume you know the answer to this
I do not.
What is the maximum capacity of the GK mill?
If the mill was designed around the target mine rate then KDIs ore will have a long wait.

I own both but when I read this I am curious is there is any substance to it.

If you ave that answer it would be good to know.

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