Yes cash flow but how much?
Have you seen the forecasts?
The world has changed since the decision to proceed with high end retail was made.
Depending on how many diamonds they find IMO they won't be able to cut them all in the facilities they have.
I.E Tiffany's employs 1500 cutters and polishers.
I'm not saying BDM is going to be as large as Tiffany's but with mines in Aus, Canada, and Africa there should be a lot of stock top handle.
Re MOK, he has already lost some money on this, he bought shares in the mid 30's over and above his initial investment, but i agree medium to long term they will come back.
But to what extent?
Yes cash flow but how much?Have you seen the forecasts?The world...
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