G79 0.00% 2.7¢ goldoz limited

Valuation, page-20

  1. 22,334 Posts.
    lightbulb Created with Sketch. 266
    Yes i do use logic, however with this point its quite clearly stated in the announcement that the 5 polished stones will be placed in inventry. Then on the next point it explains whats going on with them and what the company there use is. " for testing and marketing purposes ONLY. Then on the next point they have gone on and said "The remaining parcel of rubies sent to the US (~6148cts) will be sold as part of the auction." So you see they spent time and effort explaining what will happen with the 5 specials and what will happen with the remaining mixture (6148ct). They will probably keep using them for marketing and company promotion during special events. Furthermore at the top of the page they say they've changed their strategy from selling a mixture of cut and polished and rough stones to ONLY rough stones. Then at third 3rd point down they say the new strategy has two key objectives 1. VERY important that MUS does NOT compete with its rough stone customers for SALES of cut and polish stones. To simplify it for you...

    !. Marketing purposes etc ONLY
    2. Changed strategy, now selling ONLY rough stones.
    3.VERY important...........NOT compete.............for SALES of cut and polished stones.

    They've realised the importance of its customers are extensively consulting with them and chose not to sell any cut and polished stones.
    Its all there in black and white, Page 11 " Why the revised strategy"

    http://www.mustangresources.com.au/irm/PDF/2340_0/ResourcesRisingStarsInvestorPresentationMay2017
    Page 11
 
watchlist Created with Sketch. Add G79 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.