LOM 2.99% 6.9¢ lucapa diamond company limited

Ann: Quarterly Activities Report, page-40

  1. 10,497 Posts.
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    Before anyone tries to shoot down my above post by going on about mining costs,I will give a example.
    To run the dms plant with lets say 4 mobile machines and 6 other workers would cost about $1000.00 per machine to run over a double shift,thats $5000.00 in total plus about in angolian wages $100.00 per worker in wages over a double shift $2000.00 plus $1000.00 for a site manager over a double shift.
    Total to run a alluvial mining operation in my opinion $8000.00 plus $2000.00 for part replacement total $10,000.00 a day.
    I have a fair idea of costs due to me once working at a tip site and knowing a machines running costs and IM quite confident that 10k a day is about right and if it was more like 20k a day,still a mining operation will be very profitable in my opinion.
 
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