Buried in that announcement was some understated key phrasing.... it relates to the conversation that we were having recently regarding average carat prices....
I love the fact that our competent person thinks that the "special stones" which create massive per carat costs are a normal part of the concession... This makes me very happy that i doubled up recently.
- This provides a range of $US465/ct and $US6,954/ct. An average per carat value of $US500 has been attributed to the diamonds for the Exploration Target model. This is probably on the low side as work to date suggests that special stones are a normal part of the Lulo production.
GLTA - N
Buried in that announcement was some understated key...
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