Australia's largest stock trading and investment forum Australia's #1 stock forum

LOM

Click for more information

13.7%

8.3¢ lucapa diamond company limited

Don’t mention the war!!!! L259 was the sole reason behind “Hang...

First 19 Last

Share
Profile

Follow
Timmyk

2,220 Posts.

349

07/03/24

11:29

Post #: 72790312
Share

Originally posted by bungy234 ↑

So, back in Oct 2015 they found two diamonds from L46 for a combined weight of 1.24ct.

They tested two surface bulk samples but I don’t think they reported the cubes tested. It would almost certainly be well under the volume treated compared to our current program.

Back then, they limited their testing capacity, since they had to share the alluvial processing plant. Today, we have the KBSP which is standalone operation, so no need to halt the alluvial processing.

Right at the time they found L46 to be diamondiferous, they deployed all earthmoving equipment to L259. I stand to be corrected, but I can’t recall them returning to L46, nor processing another bulk sample in the KBSP. If not, the recent +100ct stones should motivate them to retest L46 and possible some other close by targets. Also, I’m pretty sure they discovered an intense fancy pink at mb46.

If I have my coordinates correct, the below GE image clearly shows that the KBSP is located close to mb46.

View attachment 6016585

Expand

Don’t mention the war!!!!
L259 was the sole reason behind “Hang onto your hats”

LOM Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 19 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 8.3¢		Change 0.010(13.7%)		Mkt cap ! $24.08M

Open	High	Low	Value	Volume
8.6¢	8.7¢	8.0¢	$14.39K	175.8K

Buyers (Bids)

No.	Vol.	Price($)
1	1300	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	28981	1

View Market Depth

No.	Vol.	Price($)
1	1300	0.078
1	40000	0.074
1	39999	0.073
2	30000	0.072
1	70000	0.071

Price($)	Vol.	No.
0.083	28981	1
0.085	62565	2
0.086	6875	1
0.087	29684	1
0.090	72518	1

Last trade - 15.52pm 07/06/2024 (20 minute delay)


Last 8.3¢			Change 0.010 ( 10.7 %)
Open	High		Low	Volume
8.3¢	8.3¢		8.0¢	59089
Last updated 15.28pm 07/06/2024 ?

LOM (ASX) Chart