RE:RE:RE:Low ball scenario on production and sale priceJasux2001 wrote: Here is the break down.
Jasux, you seem to have a really good handle on the finances. Using your data, could you give us your estimate of the break even average price per carat that must be achieved for 2017 production, if all production is sold and inventory is zero on 12/31/17?
By break even, I mean all financial reserves and debt payments met, with the same cash on hand on 12/31/17 as there was on 12/31/16. I guess that defines break even, but I will stand corrected if you think I have missed something(s).
I am guessing that it is somewhere in the $95-$105 per carat range.
Thanks