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1.85% 5.5¢ lucapa diamond company limited

ann : lucapa to apply for dml, page-3

  1. repoman23
    2,171 Posts.
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    05/03/14
    10:16
    Post #: 13084235
    Estimate of 5 million m3 at a grade of 10ct/100m3, totalling 500k ct.

    Estimate of $500/ct meaning a total worth of $250m

    Also pointed out that the amount of diamonds could be double that but estimated on the low side.

    I had no idea they would apply for this so soon, if granted this will be huge for the company.
    LOM Price at posting: 21.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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