ann : lucapa to apply for dml, page-27

I see that all the terraces along the cacuilo river in the lulo concession have been included in the dml application.
So I will have another go at my personal figures.
Taken from the announcement if you add together the main alluvial area calonda grade and e46 calonda grade the average is just over 25 carats per 100 cubic metres,at 5 million cubic metres thats 1.25 million carats of diamonds.
The company has also stated that they estimate there could be 5 million cubic metres of lateritic gravels and the grade to date is about 5 carats per 100 cubic meters,thats 250 thousand carats.
Total is 1.5 million carats at a average value of $465.00 a carat to about $7000.00 a carat or a total value of 697.5 million dollars to 10.5 billion dollars.
Im sure there will be other alluvial areas discovered in the years to come,so in my opinion 1.5 million carats is just the start.