Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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

Mountain Province Diamonds Inc

Bullboard Posts

Post by dabard51on Jul 18, 2017 8:23am

249 Views

Post# 26480058

If sold, what price?

DDC purchased at 1.8x 52-week low, 1.5x last 12 month revenues. Apply similar metrics to MPVD, 1.8x 52-week low is US$4.60... assume 2017 revenues of US$150MM, 160MM shares outstanding, that's US$225MM or US$1.40/share. Very different $ amounts on a per-share basis. I don't think Bottin would part with MPVD for either of these two prices, given that MPVD traded at north of US$5/share in the past 2 years...

Bullboard Posts

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal