LOM 0.00% 4.0¢ lucapa diamond company limited

5th jan 2015, page-91

  1. 577 Posts.
    That appears to be a huge monthly cost, certainly gobbles up a lot of carats, especially at this early stage...
    With many years of mining ahead, and as production and cash flow increase significantly, I expect management may well consider purchasing drilling rigs outright, or at least re-negotiating the hire contract, in order to reduce that big monthly expense.
 
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