Exactly. What matters now is not the number of carats (more is good all things being equal), but the quality. The price differential between high grade and commercial grade rubies is more than a 100 fold. 200K of commercial grade rubies would be a disaster while 50K of high grade rubies would be absolutely fantastic.
We are going to have a mix of both, the unknown is what mix, but we know from this announcement and the photos released to date that there is a reasonable number of high quality stones in the 147K and an expectation of more to come.
MUS Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
