Australia's largest stock trading and investment forum Australia's #1 stock forum

G79 goldoz limited

0.00%

2.7¢

Final carats tally comp., page-299

First 299 Last

Share
Profile

Follow
Fishinnick

25,654 Posts.

273

25/10/17

10:21

Post #: 28172424
Share

Originally posted by Nikec ↑

Can i have a conversation with Fishinnick?

You're right completely forgot about that aspect, i mean how hard is it to take a photo of them?

People seem to forget that when you cut rubies they lose a portion of their weight, from memory i think it was 20-30% (could be more) and thats by an experienced cutter. They also need to be polished. Not to mention the fact they are required to be crafted into jewelry.

Thats why i cant see rough rubies being sold in bulk as much as some posters are suggesting. Will be interesting to see none the less. If i am wrong ill happily jump in.

Pointless to argue anymore, might be best just to wait and see what comes of it.

Expand

I think they will only sell rough rubies, mostly in bulk to the Gem buyers because thats what the Gem buyers want. They are going to do the same as GEM for the sales strategy by only selling rough rubies.
Here is the link to Why the change in strategy. Page 11

http://www.mustangresources.com.au/irm/PDF/2340_0/ResourcesRisingStarsInvestorPresentationMay2017

MUS Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

AII

A new NASDAQ listing for a key player in the global critical minerals space

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

DRO

History repeats for DroneShield investors but carnage so far subdued

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

HotCopper Highlights: Trigg; Droneshield; Lumos & more

First 299 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Final carats tally comp., page-299

Top Stories

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

A new NASDAQ listing for a key player in the global critical minerals space

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

History repeats for DroneShield investors but carnage so far subdued

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Featured News