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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

Post by Shnappson Nov 14, 2017 2:20pm
192 Views
Post# 26961505

Yield

Yield

To me this whole thing boils down to yield. When will we see a dividend and how much will it be?

The bank is a non issue. Things will get straightened out. MPVD will be able to deal with the bank in a reasonable fashion appeasing both the bank and shareholders.

So based on what we know today and the current diamond market conditions , what can we expect the dividend look like and when will it commence?

I think there are others on this board better suited to provide a more accurate speculative calculation than myself. I figure when it all shakes out MPVD should be $10. CAN based on yield.

I haven't made a serious effort to figure out when we can expect dividends to commence.


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