Thanks. This is my first look at a diamond stock. Yield metrics are much more complicated than metals because of the variation in grade and size. Reports and presentations are long on particulars and value of the diamonds, but short on costs of recovery. I'm not sure how I can come to a view on project viability. I am wondering also why Blina stopped mining there back in 2008, and what has changed since then. I had a look at diamond price charts and there was a spike about 12 to 15 months ago, but prices seem to have come off since. Prices for larger stones have risen overall since Jan 2008, but not spectacularly (the more carats the bigger the percentage rise). Below 1 ct, prices have actually fallen:
GIB Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
