GREY:PGDIF - Post by User
Post by
robybobon Jan 26, 2015 4:40pm
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Post# 23365053
Math
Mathtrying to do some Math and see where I am missing.
CH6, chart says now 8.57 million carats updated, at 213 per carat = 1.825 billion
CH7 and 44 updated tonnage at high end 6.001 and 3.190 @ 1.04 carat per ton = 9.558 million carats
total carats possible at high end would now be just over 18 million, if all valued at $213.00 means $3.861 billion.
Not sure where some posters got over 5 billion.
Isn't world class somewhere north of 50 million carats? Still a very long way to go, and yes, going private is a concern for me, but I did buy back under 17 after taking a loss on the financing news.