I think the plan is the right way to go, but MUS needs to start demonstrating results. A steady income from selling the pink sapphires and odd ruby they find should keep the business ticking over while they search for a large deposit of rubies. Small steps rather than grandiose auctions on tropical islands.
Being cynical I do expect some news on the sales before the closing date of the rights issue.
Ann: Implementation of New Ruby Sales & Marketing Strategy, page-5
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