Very impressed by CJs Brisbane presentation. Smick.
Restored any concerns I've had about the last couple of days trading.
- explained why they've changed to selling them in the rough - if they sold them cut then they couldn't sell via the GEM pathway as this would cut out the middle mans chance to make profits.
- they are trying to get the gems to auction before October
- looking for nondiluted future finance so as not to effect shareholders
- special stones are heading to Thailand - will update the market.
- graphite announcement in the next theee weeks - currently undergoing testing in Perth.
And much more. Will post later but now I've got to enjoy my fish.
