LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Quarterly Activities Report, page-163

  1. 1,939 Posts.
    Progol,
    you are even more naive than him if you believe those figures.
    Even if you accept his dodgy numbers there was,

    1.No allowance made at all for removing the overburden which could be up to 25 times the ore.

    2. No allowance made for trucking to stockpile at DMS could be 25 k round trip (E46) or more.

    3. No allowance made for moving from stockpile to DMS.

    4.No allowance made for removing waste from DMS.

    It was not a very professional input as you state, more like the wishful thinking of someone desperate to justify their investment.

    Anyway back to my Red.
 
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