Future Cashflow & Rerate!!! ( cashflow projection @ 12 September 2017 ), page-3

Looks like you have put in a tremendous amount of effort there. The analysis looks assuring, although I would err on the safer side and expect the first auction to probably deliver around USD150/carat or so. I think the stock price at this stage is definitely undervalued, and the nice surprise of the inventory being 100 000 more than what was reported earlier this month shows that Mustang is able to ramp up production going forward and annual production of around 300-400k p.a. is not out of the question.

I look forward to seeing how your analysis stack up against the realised outcome! Thank you for your hard work!

The holders of MUS since earlier last year have indeed gone through much trials. I for one was disappointed to the point I sold some down at the 4c mark, realising a few thousand dollars of losses, though I held some and bought more as it started heading up. This time it may well be pay day!