Post by
explorer49 on Oct 22, 2015 5:45pm
Time to Rock!
Following from Canaccord: "we have adjusted the current weighted average modeled diamond valuation of US$63/t using the Gahcho Ku valuations and the WWW Rough Diamond Price Index to arrive at US$100/ct, which we have used in our model. This is asignificant reduction from the US$150/ct previously used. This adjusted value puts Kennady Diamonds at the head of the class in Figure 7, only slightly ahead of Mountain Province (MPV-CA) due to its higher grade."
Comment by
MrBigger on Oct 23, 2015 12:28pm
sounds like creative hocus pocus accounting to me. Jeez went from 65$to 100?? Nothing like a 60% hike out of thin air.