why we like the lucapa diamond company report, page-35

I'd guess it is technically possible but I'd place that price in the upper best-case scenario category, personally. Miles' previous company, Sandfire, made a huge copper discovery at Doolgunna and it turned it into a $1bn market cap company in a very short space of time. Being that we are only part holders of this lease an 80c shareprice (around $3bn market cap) would be the equivalent of 9 Doolgunnas. Or around 4 Catocas, in equally rough terms.

In other words that sort of price would need either a MASSIVE kimberlite find (e.g. SE251 + several other high value Type2 smaller kimberlites) or later on after JV/share buyback/consolidation etc etc

All my opinion, not advice etc