NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Agreement to sell remaining 50% of Balama Resources Pty Ltd, page-45

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  1. 183 Posts.
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    Well , Fura haven't yet shown the ruby ground is good, as they are still bulk sampling. Plus they have other, extra ruby leases  -so we will never be able to compare apples with apples. But, yes, lets assume the ruby ground was good. 

    I agree it is very tempting with Fura. They have the proven ability to grade and sell the stones and totally understand the material (unlike MUS) - but can they mine them? Also, can they add some upside by marketing and branding them, as Gemfields have, and somewhat remove their product from being a commodity / the ups and downs of the market...  Gemfields did a great job of developing a brand and started on the right foot...If you have a look at Fura's marketing to date, its just a cheap website and a logo. Bad photos, poor layout and average copy writing doesn't scream polished and organised marketing approach. 
 
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