I don't mind posts like this but seriously.... At least give some figures and informed information to justify your opinions? Zilch, nothing from you at all.
420k carats. GEM sold low to moderate quality for $61/carat. That's $25m cash flow of $15m net profit assuming we only achieve $61/carat - we are mining secondary deposits opposed to GEMs primary deposit.
PE of 10x will give $150m cap not accounting for ramp up in capacity to 3x auctions per annum.
MUS Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held