RE: Looks to me ...S&P"MOA had neither the resources, knowledge nor personnel to bring this project to where it is today." You are right about the resources...they didn't have the money to proceed, but knowledge?...with all my complaints about Allen, he is an excellant geologist, without him this would be farmland. As far as personnel, I'm sure MOA could have hired a former Trans Hex employee to manage the mine.
40 million...ooooh....aaaahh...RSG Global says of Tirisano "RSG Global reports the in situ indicated diamond resources to be 12.3 million cubic meters at an average grade of 2.8 carats per 100 cubic meters" they say it should be worth $420/carot.....but hey let's be conservative and say $400/carot that's $137,760,000. Then there are the other two properties. 40 million ooooh....aaaaah boy oh boy they are some shrewd negotiators.
I fail to see how this adds value to either company, but maybe you're using some new math.
KC