RE: $1.255 mil sale of stones2 Sep 2020 09:35
New funds raised will be used to:
o Enhance earlier expansion plan to increase production volume to a run rate of 1,000,000 tonnes/45,000 carats per annum by the end of 2020
If 3,500 carats is £1M then 45,000 is £10M per annum by end of year rates. Now approximately £3.5M cash with a MCap at £5M (9M x 54p). Simple maths guys