hilldweller
Thanks for your facts in your 20:10 pm post. if CFR's July 25th reserve estimates of 14 milion carats at a yield of 6c/tonne are accurate, then the latest actual yield of 33carats /tonne will make a huge re rating of CFR's capitalization base. Even if you take an average yield of 18 carats/tonne this is 3 times their original estimate (now 42 mil carats) Let's take this one step further and apply a very, very, very conservative sell price of say $700 pr carat(remember these equal to world's best) you have a future revenue stream of $3 billion. Interesting stuff. However I hate speculating without knowing all the facts, will reserve my judgement till December.
Cheers
Enjoy your selves, don't forget MUL these two are your best friends for the next 6 months..
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hilldweller Thanks for your facts in your 20:10 pm post. if...
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