Australia's largest stock trading and investment forum Australia's #1 stock forum

LOM

Click for more information

12.5%

4.5¢ lucapa diamond company limited

is today the day?, page-62

First 62 Last

Share
Profile

Follow
P87

5,035 Posts.

05/10/14

14:45

Post #: 14077388
Share

Originally posted by progol ↑

The Fucauma Diamond Mine is a diamond mine under construction in the Lunda Norte Province of Angola. The mine is owned by a consortium of diamond mining companies, the two largest holders being Endiama with 40 percent ownership and Trans Hex with 35% ownership.[1]
A feasibility study was done, which included the second phase of bulk sampling and drilling was completed in February 2004. The result of the study was a plan for a US$15 million capital expansion programme, that would lead to a full-scale mining production capacity of 750 000 m3/year that is anticipated to yield 120 120,000 carats (24 kg) in the first year of full-scale mining. Pilot production was underway early in 2005 with full-scale mining expected to begin six months later.[1] The Fucauma mine is expected to produce approximately 480,000 carats (96,000 g) over a four-year period, providing earnings of US$70 million.[2]

Expand

Think you need to so some more research...

LOM Price at posting: 37.5¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

MKT

Gumtree to boost job ads sector with uWorkin partnership

WGX

Westgold boosts FY25 production guidance, sets exploration target for Fletcher Zone

Rate cuts, assassination attempts, gold, oil, AI – what to watch in USA this week

ENR

Move over antimony: Encounter Resources unveils fresh raft of high-grade niobium hits

AAI

Alcoa's cash boosted by US$1B on back of 25% JV sale to Saudi owner

There are more pages in this discussion • 89 more messages in this thread...

First 62 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 4.5¢		Change 0.005(12.5%)		Mkt cap ! $11.89M

Open	High	Low	Value	Volume
4.1¢	4.5¢	4.1¢	$20.36K	474.9K

Buyers (Bids)

No.	Vol.	Price($)
1	175890	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	155006	2

View Market Depth

No.	Vol.	Price($)
1	175890	0.043
2	173476	0.041
2	80000	0.040
1	83360	0.036
2	320546	0.035

Price($)	Vol.	No.
0.046	155006	2
0.052	11167	1
0.053	100000	1
0.055	30000	1
0.062	120000	1

Last trade - 12.24pm 16/09/2024 (20 minute delay)

LOM (ASX) Chart