G79 0.00% 2.7¢ goldoz limited

Ann: Plant Commissioned and Rubies Delivered to USA, page-160

  1. 6,243 Posts.
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    Sorry your figures are way off. Refer an earlier poster saying its appr0x 15 carats per 100 tonnes, not per 1 tonne. This then scales back your calculation to only 0.7 million per annum. Not much to get excited about. This can change appreciably if the larger specials they are finding bring in the big bucks. Seems to me a lot hangs on the number/quality of the bigger stones in their deposit. Gemfields next door have a much greater carat density per tonne providing revenue stability. I'm biding my time before/if I decide to buy in. Want those 2 cent placement holders washed out first. I suspect we will be in the 3's before share price stabilizes
 
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