Red you're right that many retail investors are under-, or mis-, informed regarding the ADP's potential, most particularly due to the lack of public information in this oh-so secretive diamond exploration business. -- Institutional investing is another story, altho there's a lot of misinformation there too! -- And the big ADP participants are obviously not eager to share this kind of info with the public, so early in the game, again, & especially, given the nature of this covert industry!
But profit margins are profit margins, and I think as this play becomes better understood more $$ will come on board.
For one, the giant K-14 deposit (among others) is just about at surface. -Major cost savings in extraction.
Then there's the accommodating climate,
Government,
Infrastructure (site access; available ammenities, equipment, supplies),
Land/ environmental concerns ...
One must use comparatively proportionate, i.e. equasional, grades when calculating values and mine economies in order to understand the profitability levels here.
Clearly surpassing (with flying... colours! ;) these very low Alberta minimum cpht levels is the ideal, of course. Certyainly would make for a better market sell! _ Further bear in mind, as you're aware, & as DJ mentioned, the enormity of these Ashton AB diamondiferous kimberlite (or kimberlite-kin) deposits means the tonnages are immense, with commensurate, multi-billion dollar project values. -Another element to consider in valuations.
But your point is well taken, in that bigger grade numbers will mean more attention for the now in this demanding market . . . Nonetheless, the educated bucks will increasingly ensue, imho.
Regards,
-j
:>
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