In all ANN the company have repeatedly acknowledged that " we only mine secondary ruby....". Particularly CJ have said " $100/ ct north..." I find it 's hard to believe that the auction would be below $100/ ct. If this happened I would definitely question the credibility of our MD ( He surely does not want to lose it again after the Black Friday in April).
I can imagine that If I were him I must have a bloody good reasons to say that publicly and confirm again and again in writing that our Ruby from secondary source.
Expecting $150 + /ct is sound very reasonable to me. BUT with numerous amount of large Ruby. I say $275/ ct is fair and achievable.
The football world has underestimated the Tigers like the market still has no ideas about MUS. They are in for a shock after the auction ( big or small).
GLTA.
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