Some further perspective from my analysis, this on contribution of inventory to revenue.
This first table indicates that almost
68% of revenue will come from stones less than 10 carats.
This second table indicates that 71.9% of revenue will come from the various High Quality material and 28.1% of revenue will come from the commercial-grade material.
Recognise that my analysis is not a formal valuation of Mustang inventory, however I have tried to configure the valuation model based on inventory distribution information sourced or implied from company announcements. Whilst actual revenue amounts may not be the same at auction, the analysis at least gives us some perspective on possible contribution of grades to revenue.
Reportedly the volume of high-quality material actually offered at auction is higher than distributions I may have modelled.
@Hardrock25, can you confirm which information from that circulating is indicating this and is their a good guess at distribution?
