LOM 0.00% 6.7¢ lucapa diamond company limited

interview.

  1. 6,543 Posts.
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    ok ,interview with S.W went well.
    going to list in point form clinical response.
    PN ersonal note or opinion.

    1.Lab results.
    :they are indeed overdue and the frustration management have with the date given and the date now is as they say very frustrating as the lab in south Africa is backed up and Sw has been made aware of where we are in line of processing.
    :SW is shy giving out any date as it can backfire like it did on Miles,but hopes and expects to be able to expose them to the market within 2 weeks or sooner.
    P.N:i have dealt with south African labs many times and this is a standard across the board,they give a date and do not at all work with asx standards and are fine to give a date but know quite well they can not fill that time limit.
    It was noted the lab results are 1 of 3 identification processes to announcing a commercial kimberlite.
    The pitting and screening is 2nd and drilling is 3rd.
    Once results come in then it will be worked out through the 2 geologists were to drill.
    We do not drill until then,standby rates are $300,000 a month costing so they do not order the drill until all boxes are ticked as with out those its a needle in a haystack.Do not rush this process as drilling can suck money out like nothing you have seen he stated.

    3.Dr Ward.
    :he has nothing to do with warwick grigor at all,he is a professional contracter that SW has used on other occasions at other coys and refers to him as a wizard at identifying the right conditions and minerals needed to identify and hone in on any kimbos.He is aware of the double sided sword with any contact with warwick and ward but reassures me that both are fully aware of the conditions that apply to any contact with each other.
    P.N:i am confident everything is above board and warwick has nothing to do with any s/p manipulation.
    I expressed the comfort of warwick joining the board but to warwicks personal response is he is not intrested at this point in joining the board in any role.Has enough on his plate.

    4.Equipment
    all arriving on site as planned and screening all set for dec implentaion.
    PN.:wtf do i know about equipment,but its all coming ..honestly there just Tonkas to me.

    5.Results
    This is were it gets hard so i asked 5 questions around the answer i was looking for
    I asked or stated that i believe that L259 is Elluvial and L13 and 15 are alluvial and so is L46.
    response :it is very hard to sort out and why to a point that drilling is the only firm conclusion after results that can answer that and to a degree its one big puddle of diamonds on block 8.So you can see time is needed to answer that.
    END.

    it did go on far a lot longer but as certain posters twist things i will leave it there.
    Lommers i will answer questions tonight but we are looking at a time limit no more than 2 months before we drill i expect.
 
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