KENNADY DIAMONDS INC V.KDI

In situ value

[Ekatimine]

182 ct/t ( aka MPV ) X 12mt X 2ct/t = 4,37bn

5% = 218m

I think the sp can go to this market cap in the near future. If the above parameters hold.

[ekim]

Interesting comparison. I did a comparison of PGD's enterprise value (market cap minus cash hand) and compared to a an estimated NPV I calculated. Enterprise value is currently sitting at 5% of NPV for PGD. KDI has a market cap of $100 million+. We will call the plus the cash in hand. Enterprise value = $100 million. If Market were to equate the two. KDI would need an estimated NPV of $2

[Suntrader]

FYI According to the investor presentation on their website market cap for KDI is $150 million with $5 million in the bank.  The report was prepared prior to closing of the latest pp which I belive added $4 million cash for just over a million shares.

[Buckshot26]

well both of those numbers are always changing. I think it would be safe to say that they have around $5million in cash and with 30 million shares fully diluted the mkt cap as of today is roughly $100million cdn.