I will help some of you Calculate revenue from 1 type 2a kimbo then x 2 ,change $134 a carat to 4k a carat ,2k under value
Production varies by mine, but the world's "richest" mine — the Jwaneng mine in Botswana — has to move a ton of rock to get 1.4 carats of rough diamond, on average.
That mine moves 8 million tons of rock a year and sells the rough diamonds for an average of $134 a carat. That's $1.5 billion in revenues, from a single mine. And it produces profit margins of 24 percent
so do the math, as DeBeers will soon and BHP...you have then a potential s/p on future earnings pez all they need to do is get an average crt/tonnage rate at those 2 type2a kimbilite pipes (avg 2 yrs),big difference in that crt price and that is why Miles has stated we are potentially on the front of the worlds most commercial and largest diamond mine in the world,now it has to be proven but you need to stop putting % percentage chance of it happening now and stick to reporting only as that is no longer the case as it is proven to be kimberlitic and chuck in 2 more pipes with boring poxy old high quality gems...pfff
Goodnight.
I look like I have some form of aspergers syndrome with all these posts.
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