Listen from approximately 28:40, quoting the CEO
"One can reasonably expect anywhere north of $100/ct"
Listen from 26:18 for full explanation.
He is being coy to setup an under-promise over-deliver scenario. From their rough Ruby grading system, they know the reserve prices they will be setting and their quality and size mix.
Vincent Pardieu, the pre-eminent expert on Mozambique Ruby was their consultant that helped setup the grading system. His job as a field gemologist, to hunt down Ruby wherever it is found ...
http://www.lotusgemology.com/index....ed-rain-mozambique-ruby-pours-into-the-market
- Forums
- ASX - By Stock
- G79
- CEO USD/ct expectations, north of $100/ct
CEO USD/ct expectations, north of $100/ct
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)