ASX-listed Mustang Resources has listed on Frankfurt Stock Exchange, trading under GGY, as a result of the growing interest in the Montepuez ruby project and its Cuala graphite project, from European investors.
Mustang on Monday told shareholders that its gem ruby inventory from the Montepuez project, in Mozambique, has now increased to 63 989 carats, with the first ‘special stones’ sent to the US to be cut and polished in preparation of certification and sale in the second quarter of 2017.
