I just spent 20 minutes on the phone to Cluff as I was getting frustrated at the lack of news and discussed the following:
They are aware that we are all (the market ) hanging on news and an announcement will be made shortly on where everything is at. However ....
No rubies have been sold as yet (the sale at XMAS was an old saphire stockpile) but are being marketed in jewelry by CPH in the near future when a decision on phase 2 of the ruby project (full production) will be made ... applications for permissions have already have been made for this !!!
No diamond contractor has yet been appointed but will be shortly when exploration should commence fairly immediately thereafter (4-8 weeks).
So all good stuff..
All the best
Yo
CFR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
