The main point I was making is that the auctions will need to be greater than $20 million in value to get the buyers to come - they are not going to turn up for a couple of million dollars worth. This is a massive tell from CJ that the rubies must be high quality because if they weren't they could not get to this value with just 200,000 carats of junk.
Either CJ and the rest of the board is completely delusional or we are going to be in for a massive upside surprise come October.
MUS Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held