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Final carats tally comp., page-355

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Juno

3,881 Posts.

25/10/17

12:02

Post #: 28178082
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Originally posted by Fishinnick ↑

In the latest announcement, yesterdays, Mustang says it has finalised the inventory but i can't see anywhere in there that says no corundum at this tender. Which presentation are you refering to?

http://www.mustangresources.com.au/irm/PDF/2528_0/Mustangtotake405000caratstoitsMaidenTender

I am not forgetting the 19000 cts that got stolen and i said in an earlier post today that the majority of those stones were going to be held back from the first auction. This also means that they are likely to take a batch of rubies to the auction which is not a true sample of what they mine, meaning that the average price they get from the first auction with be higher than if they were selling a true sample of what they mine and a true sample of their entire inventory.

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Whatever, just go buy BHP shares then, no risk there, oh wait, Samarco, HBI, Beenup, Ravensthorpe, where do I stop?

Last edited by Juno: 25/10/17

MUS Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
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