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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Comment by kimberon Oct 29, 2016 9:30am
176 Views
Post# 25401531

RE:RE:So from the numbers

RE:RE:So from the numbersthe market will anticipate and extrapolate the cost structure.  This isnt the first time a mine went thrrough a start up period. Standard operating procedure.   Nonetheless, MPV is a leveraged play on the diamond price. Thats where, BY FAR, the largest bang for the buck takes place.  Look at the sensitivity curves in the FS.  The ideal scenario is for a rising average diamond price (not too much so as to disrupt demand cures) over time and obviously as many gem quality colored and specials as possible so as to skew the the overall value per carat as high as possible. No one here knows how skewed these carat values will be from ROM assumptions within the FS. In fact, we still dont know how the actual ROM carat values will jive with the ones presented in the FS. Ipso facto, its a little early to make any bold statements about vaaluation just yet, particularly when a slew of highly relevant data is soon to emerge within a few quarters.  Now, having said that, I also would mentuion, and only in passing, that there is probably a lot of information about this deposit that is not known to the general public that MAY be known to the Project Operators.  You just never know, do you?  
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