LOM 8.70% 4.2¢ lucapa diamond company limited

Some Learning, page-51

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    I have put my speculations in video form. You'll need a fair bit of patience as I fumble my way through some calculations (the audio and video also go a bit out of sync at one stage, so sorry) while trying to operate the features on GoogleEarth. Not very polished but it contains strong and obvious conclusions in my mind.

    In the video I calculate the potential volume of the alluvium/eluvium that would have been shed by the kimberlite pipe at e259 at between 7.5 to 15 million cubic metres and compare it to the company's estimates (Exploration Target) for the volume of high grade diamond mineralised gravels that was announced in March 2014 (when the mining lease was applied for) of 5 million cubic metres for 0.5 million carats with a value of US$500/carat (not including the lower grade lateritic gravels for which the company gave no estimate of volume or value). I also show that apart from two areas to the south of e259 all other artisanal working run north west from e259 along the Cacuilo River. My these is that almost all the alluvial terraces and diamonds along the river could have come from e259. It looks bloody obvious to me from space. The trail of diggings emanate from the pipe in the direction of the flow of the river.

    Make of it what you will. It's starting to get me convinced.

    Eshmun

 
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