Actually, I didn't quite say it would be difficult to attain $75 (U.S.) per tonne. I said it would, if the grade was low. If the sample turned out to have a 0.5 carat per tonne grade, then you only need $150 (U.S.) per carat. That's certainly not unrealistic.
Yes, those are my words, but some clarification may be in order. That was one of a number of paragraphs talking about diamond value, as I recall. The sentence, "That's certainly not unrealistic," refers to a value of $150 per carat, not a grade of 0.5 carat per tonne.
Should the current Twin sample achieve a grade of 0.5 carat per tonne, I would be pleasantly surprised, if not shocked. If I had to deviate from a 0.2 carat per tonne guess at this stage, my senses tell me to go somewhat lower.
If the stone quality lives up to billing, and the coarse sizes are there, I have no concern over $150 per carat, however, or even a bit more, assuming they don't include shrapnel to bump up the grade -- say a 1.2 or 1.5-millimetre minimum cutoff.
But, like the rest of you, I'm watching and waiting... |