BDM 2.94% 16.5¢ burgundy diamond mines limited

Ann: Burgundy starts work on polishing Fancy Colour diamonds, page-7

  1. 995 Posts.
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    Unlikely any individually will be million dollar diamonds, assuming the photo shows the entire purchase of 9 stones, largest being 17.8ct. Would estimate 60-80ct rough total, the total purchase price from previous announcement was around $1mill (assuming US$).
    So rough valuation around $15K/ct avg.
    The 17.8ct stone will likely produce around a 7 to 10 ct polished, retail polished price more likely a few hundred K, if it gets an orange/yellow or flawless GIA classification it could go higher.
 
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16.5¢ 16.8¢ 16.5¢ $51.23K 310.1K

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