DiamondWorks (DMW)

[TadeuszA]

Compare to the latest engineering report on Sedar the price per carat at Koidu is more likely closer to US$ 270.00
One tone of kimberlites contains 0.671 carat and at minimum price of US$ 240.00/ct is worth US$ 161.00. Cost of production at Koidu is estimated around US$ 40 per tone of kimberlites.
In effect the clear profit from diamonds recovered from one ton of kimberlites should be above US$ 100.00
However, taking to account that the average value of diamonds is closer to US$ 270.00/ct. but, the cost of production is still the same my conclusion is that the profit from diamonds in one tone of kimberlites is at least US$ 110.00 or we could say that one tone of kimberlites will bring this kind of profit.
Soon we should have results from the first parcel of diamonds than we will know what really is there.
TA