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Estimated Inventory Value for Auctions 1 and 2 @ 12 September 2017, page-42

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Bran

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13/09/17

21:52

Post #: 27200130
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Originally posted by wombat777 ↑

I used a statistical distribution to determine number of carats that fall within an average size group of 20 carats or above ( covers sizes 20, 21, 22, 23 carats ). So in the first inventory group only 0.0149% of carats in inventory are this size. I'm basically assuming here the "special" stones are the ones 20 carats or above.

In that group equates to about 334 carats of 210,000 portion of inventory ( or 15 stones ). Within that group of 15 stones I then assume 15% are "Upper Extra Fine".

View attachment 728943

Similarly carat sizes including the range 23 cts to 14 cts are only about 2% of inventory using the distribution method I used. So large stones are only a very small proportion of inventory.

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I'm going to start a gofund me page as thanks to you for your efforts when the market finally realises what MUS is carrying

MUS Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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Estimated Inventory Value for Auctions 1 and 2 @ 12 September 2017, page-42

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