Lucapa deserves a significant re-rate folks.
In opinion, Lucapa's dirt is almost priceless. Not many companies in the world who:
1. Produce the highest grade rare type 11 diamonds in the world and some of the largest at Lulo Angola.
2. Can alluvial mine from the surface at low cost at Lulo
3. Will eventually find the source of these diamonds at Lulo.
4. Owns most of its machinery.
5. Owns a kimberlite mine of rare diamonds in botswana to be mined soon. Mothea.
6. Now potentially owns a rich tenement in Brooking Australia while Aussie peers drool at the results.
Lucapa diamonds in my eyes will eventually have a bigger market cap than GEM and will dominate the world rare diamond sector. Give it a few years to ramp these self funded projects. There will be little comparison with regards to quality, colour and size of diamonds and diversication of its quality global tenements.
This Brooking announcement is huge as Lucapa is now significantly diversified with regards to risk as it continues to explore its sensational tenements. The future discovery of Lulo pipe in Angola will be a huge cherry on now the rather large flavoursome ice-cream.
Competition can sit and watch. Shareholders hold this baby tight as Lucapa will potentially have the means to fund itself from its current consistent production and will potentially have 3 mines in the years to come. Great work holders.
21c? @#£_ #££. Get real market. You have completely got it wrong. This company could potentially be 10 times the MC and MUCH MORE as Lucapa reaps the benefits of these resources now and into the future.
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