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2.7¢ goldoz limited

375,000 Carats of RUBIES ,Value ???, page-125

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488 Posts.

02/11/17

21:14

Post #: 28454211
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Originally posted by fourG ↑

One key feedback item:

“The feedback from buyers and the results make it very clear that we need to offer increased quantities of rubies in each category. This is because buyers and their jewellery customers need to be certain that there are enough similar rubies available to enable them to produce the required number of any particular jewellery item.

If the jeweler needs to make a run of 500 items to make it financially viable they need stones for 500. Mustang didn't offer enough like stones.

That does not necessarily mean the stones weren't good enough. More of the same may satisfy the needs of many of these bulk jewellers.

Sounds like the one off stones and a few industrials were sold to me.

Likely Mustang still holds $20 M worth of gems if they can bulk up the like sized lots.

Ill be watching closely for an entry point over the next few months.

IMO

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One of the inconsistencies I encountered.

Management was not experienced enough for this area of play. This lack of experience and debacle would forever be imprinted onto MUS. Unless they pull some genie out of the bottle, they need more than 3 wishes; more like 30 wishes to gain the confidence back.

MUS Price at posting: 4.6¢ Sentiment: Sell Disclosure: Not Held
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