RE:RE:RE:That $500M
Important to note that the underground 5M ct at $725 per ct average ( $3.625Bn) excludes 'exceptional' stones.
This could be significant since in the first 7 years to Q2 2019 there were 14 stones recovered greater than 300ct, 36 between 200-300ct and 165 between 100-200ct
Of those 215 stones, 158 sold for more than $1M each, of which we know about LLR, Constellation and the 9.2ct blue which 3 together sold for about $120M.
The remaining 57 (215 - 158) are therefore either still in inventory or sold for less than $1M each.