Mustang (MUS) Multi-bagger

DYOR. Not qualified for advice.​

Confirmation of a date for Mustang’s inaugural auction to be held 27-30 October significantly de-risks investment. Major buyers have confirmed their attendance at the auction. Mustang have been recovering high-quality rough rubies from their deposits.

Mustang now have the key arrangements in place that are enablers for achieving significant cashflow by the end of October from tender-sales of carefully sorted and graded rough-ruby parcels.

Peruse this info and then make your own assessment:

• Ruby Count Grows to 147,000 CTS October Auction Confirmed - https://hotcopper.com.au/threads/an...147-000cts-october-auction-confirmed.3612291/
• 8245L & Mugloto = $$$ - https://hotcopper.com.au/threads/8245l-alpha-mugloto-top.3520314/
• The depleting supplies of rubies from Burma - https://hotcopper.com.au/threads/the-depleting-supplies-of-rubies-from-mogok-in-burma.3604656/
• Example of a cut Mozambique ruby - https://hotcopper.com.au/threads/video-mozambique-2-06-ct-unheated-31-999-usd.3599514/#.WZOaVlEjGUk
• A current risk is dilution associated with a convertable note facility. DYOR.

High quality rough rubies ( ready for tender sales to gem cutters ) :

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Key charts below.

Average inventory Rough Ruby prices in the USD $150/ct to USD $300/ct range are reasonable expectations. See below for indication of the potential Net Income generated from October and March auctions.

See the following for explanation of charts:

• Income and Price Analysis
  • original post - https://hotcopper.com.au/threads/in...al-of-mustang-resources.3591747/#.WZOYO1EjGUk
  • follow-up post - https://hotcopper.com.au/posts/26458656/single
• Retail Price Potential of Rubies from Mozambique - https://hotcopper.com.au/threads/re...f-quality-rubies-from-montepuez-area.3605136/

( chart below based on share price at end of last week )






See also: Corporate Presentation July 2017