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6.9¢ lucapa diamond company limited

Ann: Quarterly Activities Report, page-44

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JawDropper

7,302 Posts.

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30/10/14

18:28

Post #: 14210459
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Originally posted by 1sharetrader1 ↑

Before anyone tries to shoot down my above post by going on about mining costs,I will give a example.
To run the dms plant with lets say 4 mobile machines and 6 other workers would cost about $1000.00 per machine to run over a double shift,thats $5000.00 in total plus about in angolian wages $100.00 per worker in wages over a double shift $2000.00 plus $1000.00 for a site manager over a double shift.
Total to run a alluvial mining operation in my opinion $8000.00 plus $2000.00 for part replacement total $10,000.00 a day.
I have a fair idea of costs due to me once working at a tip site and knowing a machines running costs and IM quite confident that 10k a day is about right and if it was more like 20k a day,still a mining operation will be very profitable in my opinion.

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LOM Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.9¢		Change 0.002(2.99%)		Mkt cap ! $20.01M

Open	High	Low	Value	Volume
6.4¢	6.9¢	6.4¢	$3.729K	55.36K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	27880	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.065
2	197103	0.064
1	12000	0.063
2	84801	0.061
1	326778	0.060

Price($)	Vol.	No.
0.069	27880	1
0.070	72518	1
0.071	20000	1
0.073	10000	1
0.074	150000	1

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