I'd say this is a valid question. I'd be interested to know what the 90ct and 2 > 50ct diamonds sold for.
Someone posted the following a few days ago:
http://www.lucaradiamond.com/i/pdf/Sprott-Natural-Resource-Symposium-July-2014.pdf
Their "Exceptional Stone Tenders" sold as below:
EST #1 – 20 diamond sold for $50 million in April 2014
EST #2 – 16 diamond sold for $40 million in July 2014
Let's say that the 3 stones previously mentioned are "exceptional stones" then they may have sold for up to 3/16 x $40M = $7.5M. I know this is very simplistic as, for example, those 16 stones may have included lets say 2x 200ct stones that skew the $ per stone - but I think it is reasonable to wonder if we could be getting better rates for our diamonds. Not pretending to be an expert on diamond sales so any knowledge you can impart is welcome.
Before anyone suggests I'm a downramper, I have held for over a year and been following HC in the background. Unfortunately sold half my holding for under 40c near the start of the recent rises due to my apprehension following a year of sp beat downs in response to positive announcements. Here's hoping for big things from L259 in the near future!
