As Davisite says .. Maths def not your strong point!
Maybe good to consider the full picture. Last inventory update was in August detailing the inventory at end July = 147,000cts. End of August sees increase to 176,000cts. So using kindergarten maths = an increase of nearly 31,000cts.
You fail to include the production from the Exploration Teams! This is an integral part of the ruby production methodology that MUS has pioneered in the region, and will continue to be an essential part of MUS's increasing ruby inventory.
In fact this is the best aspect of the announcement .... This is the very first month in MUS's ruby production history that the plant has exceeded the Exploration Teams in ruby production.
Another failure on your part is to assume that this initial bulk-sampling program is the pinnacle of MUS's aspirations .... FAIL! This is the mere beginning, with multiple shifts, and additional plant upgrades to come and additions to come next year as ruby income rolls in.
Sorry, you have to re-do you kindergarden year!
MUS Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held