LOM 6.98% 4.0¢ lucapa diamond company limited

Ann: Diamond Mining Results At Lulo, page-74

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  1. 13,194 Posts.
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    With a low elevation of 996m, block 29 is also very close to the Cacuilo River, so I'm not surprised that they have suspended mining in that area until the weather permits. It's been a mild wet season to-date so that gave them a window of opportunity to briefly mine block 29.

    Bear in mind that the water table would rise during the wet season, so the majority of the lower elevated areas could possibly be copping the wet from both directions.

    IMO, at this stage, Wetherall's communication shareholders is not up to par. I would like to see a mine plan, a detailed timetable for ramp-up and a minimum monthly mining report until we reach maximum production. This business of quarterly reporting is not on, and I'll be telling that to the right ppl.
 
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