1. Long term will all depend what they find with the exploration tenements they have and possibly future acquisitions.
2. There is currently only 3 companies that would be described as diamond majors DeBeers, Alrosa and RioTinto. Traditionally they tend not to buy out companies rather than go into partnerships where they take a majority stake in a particular mine resource. The smaller players aren't really seen as competition to them, if they see a production that has potential scale to fit their needs they will look to buy into it.
1. Long term will all depend what they find with the exploration...
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19.0¢ |
Change
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Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 26527 | 1 |
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