IGI up for sale?

[Mlh]

Fosun Weighs Sale of Belgian Diamond-Grading Firm IGI, Sources Say

(Bloomberg) -- Fosun International Ltd. is weighing a sale of International Gemological Institute in a deal that could value the diamond-grading firm at about €200 million ($215 million), according to people with knowledge of the matter.Most Read from BloombergUS Inflation Cools Again, Putting...

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[sledge]

Quick. I need $100 million, a goat, a stripper, a high end camera, a few bottles of whiskey, a private meet with Guo Gangchang, his wife’s email address and a private jet to get me there. Can’t provide too many details but I’m about to buy for 50 cents on the dollar. ROI will be through the roof!

Stay tuned. #sledgehammerlaboratories

 

[Mlh]

Quick. I need $100 million, a goat, a stripper, a high end camera, a few bottles of whiskey, a private meet with Guo Gangchang, his wife’s email address and a private jet to get me there. Can’t provide too many details but I’m about to buy for 50 cents on the dollar. ROI will be through the roof!

Stay tuned. #sledgehammerlaboratories

Ahh @sledge , I missed you!!

 

[Garry H (Cut Nut)]

We all missed you Sledge! Welcome back.
I reposted this message yesterday, then asked Ella to take mine down when I saw this.
With all that's going on with Sarine taking a majority holding in GCAL, this is an interesting development.
On top of all that, now that Sir John Pollard, our long time convert from teacher to diamond expert, having worked for WhiteFlash and Infinity (and all the names associated) two of the highest end brands with a cut focus, and then for a period redeveloping and vastly improving our education on PriceScope.
John joined IGI about a year ago (while doing a little more part time work here with both employers full and happy agreement).
John is doing some serious upgrading and rebooting as the chief of education in IGI. IGI's recent announcement about cut grades for fancy shaped diamonds is great news, and no doubt John will be playing a role there.

Using diamond proportion parameters to reject diamonds is an OK system as a start, and IGI has made it clear that they are developing a system on the fly. They are at this time, as stated, also looking at the diamonds. This means cloudy milky hazy etc diamonds will be screened out. This is excellent news for LGD buyers as internal graining is an issue, especially as CVD will become the main stay of larger lab growns.
I hope they will get a small relevant amount of long wave UV (205nm) into their lighting for natural diamonds as this will help screen out and somehow grade milky hazy fluorescent diamonds.
Yun Luo at GIA has made it clear that she too wants to see a milky haziness grade for diamonds.
Changes are rife and welcomed at the monent.