gemfields ruby auction, page-67

No use saving tax in Mauritius if you dont have income to be taxed.

This is a monumental stuff up by Mustang, how could you not realise that your customers want grading, and then not realise you need to engage an expert to do this. It seems their expertise was grab a handful from a bucket and throw it in a plastic bag, I have some serious concerns about the Management of the company.

Ask yourself " would I have got this part right if it was my responsibility?", the answer would surely be yes, then ask yourself "why couldnt MUS get it right?"' the answer is either incompetence or manipulation, perhaps a bit of both.

Also dont forget that Gemfields moved their auction forward from Dec to Nov, so less pressure on buyers at MUS auction to buy as their is a fallback in 2 weeks time.

I have sold down my holding, but having great difficulty understanding if their is a future here, is it incompetence which can be fixed, manipulation which may or may not continue, or is it just a dud?