Not just us - Trounces | DIAM:CA Message Board Posts


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Msg  62212 of 62460  at  8/15/2022 7:36:20 PM  by

Grizzly44


Re: Not just us - Trounces

Some interesting facts in Lucara.
12 cpht
66000 carats fetched $50 Million. Isnt that about $800 a carat? 5 diamonds over 100 carats.
The high value diamonds ( rough, coloured or clear, large, 2 a, with no inclusions) skew dollars received from production by likely 4 times.
Lucaras cost to mine was $38 a tonne and Star is about half that.
The profit from the cut, polished, finished and set at the retail level is multiples of the profit at the mining stage.
So, anyone that says Star, Orion South, Orion North, Orion Centre, Taurus and a few others arent commercially viable likely are shading the actual values from these pipes.
All in my opinion, of course!
Regards,
The Grizz


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