LOM 1.85% 5.5¢ lucapa diamond company limited

ann : lucapa to apply for dml, page-17

  1. 10,580 Posts.
    lightbulb Created with Sketch. 2094
    The company has also stated a average of almost $7000.00 a carat going by the recent diamond valuation and sale,and what about the terraces not reported by the company you can see on google earth?
    Lucapa low estimation is 250 million dollars worth of diamonds at this stage of data collected,or it could be double that to 500 million dollars or at $7000.00 a carat 3.5 billion or double that to 7 billion dollars.
    If you include the terraces that can be seen on google earth further up river the high end figure could be 14 billion dollars worth of diamonds.
    Lucapa has there low ball estimation at this early stage and I have my figures.
    What will be the true resource and diamond valuation once all data has been collected?
    Will the value of these diamond bearing gravels be closer to my figures or lucapa's early low ball figures?.
    250 million dollars worth is a good start while we wait for more data to be collected,and it is nice that the company is willing to announce a figure at this early stage even if it is just a expectation estimate on the low side.
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $15.95M
Open High Low Value Volume
5.5¢ 5.5¢ 5.4¢ $3.723K 67.87K

Buyers (Bids)

No. Vol. Price($)
5 172310 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 117120 2
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.