We will be prosperousWell gentlemen the Q2 Fact sheet and presentation is out on the web site and according to what I am reading the price per carat in January was $127 US for February $142.24 US and for March $150.77. They have stated the price inccreased form Jan to Feb sales @ 15.5 % and from February to March sales at 6%.
That gives us revenue of $6,276,340 for January, $39,492,367 for February and $29,214,702 for March for a total of $ 74,983,409 US Minus $17,265,713 cost of production per carat for a gross profit of $57,717,695.US or $76,764,535 Canadian. They have $ 65,000,000 Canadian left in the cost overun facility which is @141,764,535 Canadian in cash after the first quarter.
Notice how the price per carat is increasing at every sale and the poeple bidding on our diamonds are increasing every sale. This thing is turning around.