MUS: Year-end share price forecast, page-45

Not that I think sub $100 is likely, but it would not be a disaster provided that it was well explained and the path for production going forward was mapped out. Once MUS has revenue the really big boys will start to look at MUS and will be able to value the forward income stream. MUS will be mining rubies for many years to come.

The biggest risk is not getting a low price per carat, but a low number of lot sales. If few of the lots sell then the SP will be smashed. I also don’t think this is likely, but until the auction takes place it is always a risk. A lot is going to depend on CJs ability to get as many serious buyers to the auction as possible. So far he seems to be going well and on our side is the buyer's keenness to see another supplier in the market.