Motapa...a shining 'jewel' of a diamond exploration company. I would wager that most people who have bought and or sold the company recently have no understanding of its real value.
I was told by a credible source, that Motapa, along with its JV partner Lucara, will make a decision about upgrading their 30 tons of ore per hour diamond recovery operation to a MUCH LARGER recovery operation.
If the decision is yes, they will not only find more diamonds but also MUCH BIGGER MUCH MORE VALUABLE MOVIE STAR-SIZED DIAMONDS.
Since the JV has already spent considerable money hiring 3 companies to plan designs, estimate costs, and estimate production data, I would say that "yes" is a forgone already-made decision.
You need the best companies with the strongest fundamentals to make money in the stock market.
