MpvdIt is very clear from investor call that the bonds will be extended in December with no equity dilution . There is 395m cad of free cash flow for 2022 and 2023 in the sedar filing posted yesterday on mpvd website. This will retire a substantial amount of the bonds by end of next year. The current after tax net present value of the shares is 2.4 cad per share just alone on mpvd share of gaucho kue up until 2030. This puts no value on the huge potential kimberlites that may be found in current exploration program in gacho kue.It appears to me that there may be up to another 30 years of kimberlite in gach kue. Mpvd also own 100 pc of kennady lands which have already found 21m carats. Mpvd are still using the old price per carat from 2019 and if they updated these prices to reflect current diamond prices there is approx 3bn cad of diamonds in kennady and faraday pipes. Mark Wall, ceo, also said there is a large exploration program currently under way and that they have already hit kimberlite that was very exciting. God knows how much kimberlite will be found. There is also zero value attributed to kennady at all in 2.4 cad net asset value per share. I am really hopeful that at the end of the current exploration program and the results are announced to the market, that people can see this share price is worth minimum 6 to 7 cad per share. I am stunned that the price is only 95c today. In a few years the annual dividend per share could be over a dollar a year after bonds fully repaid. Why have shrewd investors not seen how undervalued mpvd is today. Anyway these are my thoughts for today.