RE:RE:RE:Equity offering?Macloud1 wrote: That 127 dollars per carat is really after the cost of operation 72 dollars american profit per carat.
If you are implying that the cost of operation is $55 per carat, you have to multiply that $55 times ~420,000 carats (MPV) mined, which equals ~$23,000,000 operating costs which the recent sales failed to cover. I fail to discover a profit.
Or tell me where I made a mistake.