GREY:PGDIF - Post by User
Comment by
ekimon Nov 15, 2016 1:42pm
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Post# 25463872
RE:KDI = $52/ct
RE:KDI = $52/ctSurprised not many are talking about KDI's valuation here.
If KDI's stunning grade that shot it up to CAD$8 per share...and I remember watching it spike from $3 to $8 on the results...it looked like it could compete with CH-6 for not only grade...but for rock value as well.
That competition is now over.
Looking at CAD$100 to CAD$200 per tonne from Kelvin.
Looking at CAD$500 to CAD$2000 per tonne from CH-6.
Yes, there is potential for the High Grade (4+cpt) to generate CAD$2000 per tonne in a production setting.
Now if only Chidliak could not break diamonds in the next CH-7 diamond parcel....CH-7 has a nice coarse distribution and there is sitll time for it to exceed Kelvin for rock value as well.
LONG...PGD
EKIM