Ann: Appointment of Managing Director and Chief Operating Officer, page-162

I guess in hindsight managements decision to ‘rush to market’ was not the correct one.

They could turn it around if they can build a bread and butter market for their commercial stones, and at the same time build up inventory of the higher grade stones for a gemfields type auction possibly end of year / early next year if the quality and quantity is there.

At least now with funding they can afford the plant upgrades/expansion. Pulsating jig and optical sorter. Ect.