Ruby + Graphite, page-17

Haha...I'm not that optimistic. I just saw another poster who seemed quite clued in come up with a figure well over 100 million. It just seems astronomically high.

In my estimation I'm looking for 15-20 million with upside being 30 million. When u have gross profit margins of 50% and ebitda of 33%. Even with only having a 60% claim of the tenement it still looks good to me. I'm just not getting the figures others are so I was curious where the disconnect is? Maybe my inexperience in mining is making my figures too conservative?

I'm very optimistic about MUS no matter what the rev will be

Interesting u mention de beers, because it seems that's the model gemfields is pursuing.