G79
Click for more information
0.00% 2.7¢ goldoz limited

The Ruby auction battlelines are drawn

  1. wombat777
    11,249 Posts.
    lightbulb Created with Sketch. 29635
    clock Created with Sketch.
    03/10/17
    17:23
    Post #: 27630033
    As I posted here:

    Mustang are aiming to beat Gemfields USD $55M record

    2:40 to 3:10 in the video




    330,000 ct x USD $201/ct x 85% clearance = USD $56.38M

    calc.jpg

    If Mustang do this then they will beat Gemfields June 17 record of USD $54.8M .... this to me is their target. To beat the Gemfields record.

    Just interesting for it to be mentioned like that in the video.

    A number of combinations of carat inventory and average price could achieve it. USD $200 is a good ballpark. Perhaps easier with larger inventory.

    gemfields.jpg
    Last edited by wombat777: 03/10/17
    MUS Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 23  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

EDE Record shale gas and fracking drives demand for Eden's Optiblend in the USA
right-arrow Created with Sketch.
HZR Hazer Group and POSCO team up to look at low carbon steel
right-arrow Created with Sketch.
LU7 Lithium Universe inks final layout for Becancour lithium plant as DFS rolls on
right-arrow Created with Sketch.
IMM Immutep targets $100m for lung cancer drug trial tests
right-arrow Created with Sketch.
SPA Spacetalk makes European Market Reentry with Elisa
right-arrow Created with Sketch.
I88 Infini boosts WA uranium holdings with Bellah Bore East acquisition
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add G79 (ASX) to my watchlist

Currently unlisted public company.

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