LOM 0.00% 4.0¢ lucapa diamond company limited

Africa Downunder, page-59

  1. 661 Posts.
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    They've been drilling since mid-July and no signs of pyroclastic kimberlite (PK). I suspect it's deep and the little 4WD drill rig is under-powered for the task. There is talk of sourcing a more powerful drill rig but that will take time. The drill locations they are targeting on L259 are located in a low-elevated area which is prone to flooding once wet season starts. So I don't expect bulk sampling to occur this year. The $1 share price party will have to wait.
 
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2 107585 3.9¢
 

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