RE: Another Prelea’s BS21 Oct 2025 10:35
'I mentioned this earlier, Paulie, but to reiterate, I believe the sale of 120,000 carats represents the portion of the package that didn’t meet the grade for cutting, implying that about 16,000 carats did. I’d assume this part of the package will be divided into smaller batches and sold based on grading, ranging from low-grade industrial to medium gem-grade.'
Why would low-grade industrial make it into the cutting batch? Surely, only gem quality would be worth cutting?