Mountain Province Diamonds Inc T.MPVD

De beers Botswana deal

[Power33]

Now that de beers are losing 5pc of annual botelswanska production and another 20pc over ne t 20 years, they will be desperate to make up for this lost production to cater for their sifhthijdet demands. Mpvd is now very much in okay for a de beers takeover. Expect news on this from over coming month

[Power33]

Bloody prescriptive text! My point is that de Beers will lose a third of their Botswana production over the next 10 years. This will start with about 1.7m carats and gradually going up to 8m carats a year over the next 10 years. De beers will not be able to supply all their sight holders with enough goods as a result. My point is that de beers will be desperate to make up for this lost production,