" Gemfields recently netted US$54.5 million from 900,000cts at an average of US$61/ct. "
I read somewhere that their rubies are not as good as ours... is that true? if so, we can expect at least a decent % of premium over their $61/ct average... and if we are exceptionally better quality than theirs, a 50-75% premium is possible... at this stage I am hoping for a $100/ct return as the best case scenario... anything ABOVE that should be a huge boost.. better to have a very low estimate pre-auction to avoid any burned out feeling later on... talking of $150-200/ct will set us up ofr a huge dump post-auction as chances of meeting such targets is difficult...
under promise-over deliver = best way to get the market on your side in the long run....
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