Canadian Diamond Play Cafi Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Diamond Play Cafi

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WillP who wrote (4794)	11/24/2006 9:02:47 AM
From: james flannigan	Read Replies (2) of 16206

Attention WillP. James Allan & Associates spoke this week at the 2006 World Diamond Conference in Perth. Highlights are 1) diamond production to be US$ 11.3 billion in 2010. 2) demand to grow by $1 billion per yr over the next 5 yrs.3) short fall in 2008 of US$ 3 billion to be fully evident by 2010.So much for your prices "can't double in the next 10 yrs".Your forecasting is not in line with most of the worlds diamond experts.The value at GK of your model of $4 billion becomes at some point in the future becomes $8 billion.That is were I think Debeers is counting on a better RR,and could be the very reason that GK was developed at a snails pace,because time is a friend of GK as long as costs rise slower than prices. James

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next