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7936567 Canada Inc SWYDF

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.


GREY:SWYDF - Post by User

Bullboard Posts
Comment by Eric35on Jul 19, 2017 9:40am
212 Views
Post# 26484976

RE:RE: the Canada Pension Plan Investment Board and Stornoway ???

RE:RE: the Canada Pension Plan Investment Board and Stornoway ???But, the important is to reach the minimum guidance of the 234 million CDN With 1,000,000 of carat sold, they collected 115.2 million CDN in income inclusively sale # 6. They remain 4 sales and 800 000 carats to sell to reach the minimum of 234 million CDN. It is $ 114 per carat to reach this target at 1.30 the exchange rate which is currently at 1.26. 2017 Guidance SWY Carats Sold 1.8 million Sales Revenue US$180mmUS$230mm Average Price per Carat US$100 US$132 C$:US$ Exchange $1.30
Bullboard Posts