Also expect a premium price for the diamonds. Tiffany was paying a 50% premium over market prices for the Ellendale fancy Yellows. GIB has diamonds all over the place at Ellendale including in no particular order, multiple lights stock piles, E12 aluvials, A-Channel aluvials, E4 ROM pad ore, T5 Aluvials (big tonnage), E9EW + E9NE alluvials and around the pit rim. BDM will mentioned the possibility of un-mine ore around the E9 pit rim as well. Hard rock mining won't be happen any time soon, but there are resources at E4 and E4sat, plus possible underground on E9.
GIB Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
