Yeah I had a read through all of their announcements yesterday.
I could not see where there was mismanagement or anything similar.
They found a possibly valuable gold asset, they went through all the steps to prove it up, they increased the indicated size, they upgraded their holdings from 40% to 60%...
Much of the value in the Claim was with the High Gold Price and the Low NZ Dollar.. thus making it a very attractive claim.
If the NZ Dollar drops, or the Gold Price gains it can still come online.
So apart from drawing a similarity to LOM's risk if Diamond prices drop, I don't see the reason or negativity implied as being linked to MILES.
... and to further comment, if the Diamond Price did drop, I would think that it would kill off the Mines that have an average price of $100/ct first, well before it starts to touch those that have a price point of between $500-$7000/ct
The Future, page-253
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