GREY:SWYDF - Post by User
Comment by
shambano1on Apr 13, 2016 9:26am
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Post# 24760824
RE:big diamond
RE:big diamond2.50 -3.00 seems highly optimistic to me but hey, we can all dream for sure.
there is going to be an adjustment preiod while the company starts up operations, works out the kinks, and gets some history for produciton and sales and average diamond prices as well as operating costs.
during this period the investors that know how to calculate and project earnings and margins will make off like bandits, in either direction, because until we get history anything is possible, but I also beleive that SWY has presented a very conservative mining model so any surprises should be to the upside.
but we live in a connected world in the end diamond demand and prices are the key driver for all diamond companies and then politics will also play a key role since the biggest producers are russia and africa, both very unstable countries where things can change in a hurry.
but market for safe, blood free, high quality diamonds exists and SWY will get their share of it pretty darn soon.
GLTA