A very interesting read of the shady financial transparency of...

A very interesting read of the shady financial transparency of our neighbour GEM.
Very interesting not a single reference to rubies! this is because that was the only profitable aspect of their entire company.
If GEM was valued at $400Mil given these liabilities and overheads MUS with no debt and efficient low OPEX is will be far more profitable imo.

http://www.diamondworld.net/Content/Gemfields’-financial-crisis/15504

Also interesting read, highlighting the potential unmet large demand from booming Asian luxury consumption.

http://www.diamondworld.net/Content...built-in-China’s-Southwestern-metropolis/8366