Good angle if they do take the product to retail.
Hypothetical numbers.
Uncut $500 ct cost $250
Cut wholesale $2,000 ct cost $500
Retail $8,000 ct cost $2,000
At 4m ct
Retail $32 billion cost $11 billion
Either way good depth at .005
DYOR
Major re-rating of Merlin about to commence., page-14
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