I've been wondering.. what if we've only got one kimberlite pipe worth mining, and it's worth $40 billion? And what if this worst-case 500 billion O/S turns out to be fact? Wouldn't that equate to a share value of .08/share (at least)? 200x the current pps would be ok in my books too!
we don't have any viable Kimberlite pipes and aren't drilling for new ones yet because of permit issues(that's the last I've heard)...
but we do have alot of land, and it does surround the DeBeers and Shore Kimberlite bodies which are said to be some of the most promising in the world. Plus Shore has been pulling quite a significant number of sizeable and colored stones out of the ground...