RE: Great News 👍 👌 should be .40p by this week?1 Dec 2025 08:58
The RNS states:
The 123,711.8 carats of lower value gem and industrial stones sold at an average price of US$6.87 per carat included:
50,993.98 carats of industrial stones;63,091.75 carats of rejection low stones8,211.71 carats of rejection high stones.695.5 carats of cleavage stones; and718.88 carats of low quality gem stones;
Leaving a remaining parcel of gem-quality stones totalling approximately 135,139.47 carats, less an estimated 2% boiling loss, which were not included in the tender.
123,000 carats sold of low quality. Leaving 135,000 carats of gem quality.
So most of good quality stuff yet to be sold.
" high grade’ stones which sold at an average price of US$1,083 per carat ", so we should be getting around $14million for rest of the diamonds.