Guys if you are invested here you should know the process involved. First they must confirm if the are even in a kimberlite by pitting. once kimberlite material is confirmed the will begin bulk sampling to confirm if it is diamondiferous. Once confirmed diamondiferous they will begin the extensive work involved in confirming if it is economical. Now some here are not happy because that can take month/years but imagine during the bulk sampling that they pull out a number of specials..what do you think that might tell us?? Even without it being "confirmed economical"?
Also as dazza has been trying to tell many for a long time now and Coxy rightly pointed out in a great post above. Many of us LT'ers believe that the so called alluvial field they are "extending" is actually part of the kimberlite. A very very large kimberlite producing the greatest diamonds on Earth!!
Is it still a gamble.. Yes. This Sp would be in the multiple of dollars if all risk had been removed. But the risk diminishes by the day imo. GLTAH!
- Forums
- ASX - By Stock
- LOM
- Ann: Kimberlite Identified Near World-Class Diamonds
Ann: Kimberlite Identified Near World-Class Diamonds, page-45
-
-
- There are more pages in this discussion • 276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.9¢ | $18.13K | 464.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 32345 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13000 | 0.038 |
1 | 60000 | 0.037 |
2 | 123111 | 0.036 |
3 | 381414 | 0.035 |
1 | 85000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 32345 | 1 |
0.042 | 119000 | 1 |
0.043 | 138576 | 3 |
0.044 | 112000 | 1 |
0.045 | 138400 | 3 |
Last trade - 14.16pm 16/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |