Post by
Power33 on Mar 29, 2022 8:55am
Wow, wow, wow
Roll on 5cad per share. Executive summary from press releases 1) profit per share of 1.3 cad per share for 2021 2) De beers prepared mining plan for just gacho kue until 2030 showing 1233m cad of net present value attributable to mpvd 3) early exploration drilling in kennady has hit Kimberley according to ceo in press release 5) kennady lands could well become the biggest diamond mine in the world given what diamonds are already there and what further exploration finds may be found in coming weeks 6) De beers would in my opinion have to pay 400m usd today to mpvd to partner on the kennady lands 7) also ongoing exciting exploration going on in gaucho kue lands8) at least 150m will be paid off the bonds by end of next year. 9)ceo says he has a solid plan for restructuring the 250m senior bonds due in December.
De beers missed a great opportunity to take out mpvd in last two years. I am not a seller for less than 5 cad after what I I read yesterday. Roll on the exciting times ahead. In fairness Dermot Desmond kept this company alive throughout the pandemic because he believed in the economic fundamentals of the diamond market. Once again he had being proved to be 100 pc correct.
Comment by
Diamondboy123 on Mar 29, 2022 9:40am
Those were the reasons, inter Alia, that McLeod presented to us all when he screamed from the roof tops to buy this equity. Thank God I listened to him then. He has made me a lot of dough. Thank you chappy.
Comment by
Power33 on Mar 29, 2022 10:54am
This is the best pension investment one could dream of.