Cornishknocker
10 Apr 2015
I hear there are lot of people wanting to buy Diamonds in London! 
Cornishknocker
17 Mar 2015
Basically what DCP have done is pre sold those 360,000 Carats for $22 a carat. You may look at that and say that is well under the current average price ($63), but its cash in the bank, without it the mine would not be able to get in aposition to get to fll production.
Cornishknocker
17 Mar 2015
That is a great deal, to give away 360000 carats of future production for cash now is a pretty sweet move in my opinion, no interest payments to meet, no dilution. No doubt we will pay them back an awful lot more than the cash we are recieving, but you cannot spend future production of diamonds.
Remakasiwi
06 Jan 2015
Cornishknocker: thanks for that reassurance.
Cornishknocker
06 Jan 2015
The mine has a relatively low electrical demand - its maximum demand is 4MVA. If there was likely to be power shortages in the area (Which doesn't appear to be the case - the site is 200KM from Joburg), it could easily be managed with generators.
Remakasiwi
06 Jan 2015
I have a big investment in DCP and believe they handled the recent strike with great skill and the management team showed again they are on the ball. I am still concerned that the strikers may be back nearer the time of production. however, my bigger immediate concern is the looming energy crisis in SA. already J'Burg is in a state of rolling outages. Anybody got views on this or know of any reason why my concerns are without purpose?
EvenKeel
28 Nov 2014
Don't be too hasty to buy just yett. Further to drop over December because they're not going back to work until January at the earliest. Wont drop below 6, but at below 6.25 buy,buy,buy!!!! GLA.
