RE:RE:RE:RE:RE:hey, Mac, screen change question Tiny
Theoretically if you reduce our diamond count by 19% going to the bigger sieve, you would eliminate from our carat count of 3,253,000 carats 618,070 fine diamonds in the $8 dollar US category. That would be $4,944,560 US reduction from $240,010,000 US which leaves with $235,065,440 revenue . Our carat value then goes up to 89.21 US per carat from 74 US .
So now we go to the processing of diamonds . In 2018 we processed 3,194,000 tons of ore at an average grade of 2.17 carat per ton to give us 6,937,000 carats Our share is 3,399,130 but we only sold 3,253,000 carats for the above revenue. If we reduce the grade by 19% because of the sieve difference, it will give us a grade of 1.76 per ton .
If we increase the tons processed by 10% because of the courser sieve, that will give us 3,513,840 tons at an average grade of 1.76 carat per ton it gives us 6,184,358 carat our share 3,030,335 carats.
Now that finer diamonds have been eliminated our value per carat if prices mimic 2018 prices should be at 89.21 US per carat average rather than 74 US per carat.
When you do the math on the lesser amount of carats produced that would give us a revenue of $270,336,240 US compared to the $240,040,000 US in 2018.