Ann: March 2021 Quarterly Update and Appendix 4C, page-13

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    Checking my email, I see that I’ve got a reply from the CFO. Figures published for the harvest relate to marketable pearls only, I imagine the forthcoming Annual Report will update the percentage figure for the year ending June 2021. The company’s forecast of 50000 sales in Q3 implies that about 190,000 marketable pearls will be added to inventory, for sale in calendar Q4, including at the Kobe physical auction in October.
 
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