Not all secondary deposits are the same, page-6

  1. 34,442 Posts.
    lightbulb Created with Sketch. 9334
    MUS, had a stellar run mainly thanks to the discovery of special rubies.
    The comments from MD of 'immaterial' on the special rubies, smashed share price, imo.

    Special rubies, were expected to be sold directly to US customers following the cut by Meg Berry and obtaining GIA certificates.

    Photos on rubies were previously provided, but not recently with substantially increasing inventory?


    Initial 10 rubies were 2.16ct, average 0.216ct per uncut stone.


    Mozambique – The 10 rubies, which total 2.16 ct, were recovered by Mustang Resources during initial trenching activities of the alluvial layers at the company’s flagship Montepuez project, which will soon undergo a bulk sampling programme to determine how best to unlock the country’s significant ruby potential.

    https://www.miningreview.com/features/mustang-resources-recovers-first-rubies/
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.