LOM 0.00% 6.7¢ lucapa diamond company limited

Is there a CR?, page-12

  1. 419 Posts.
    lightbulb Created with Sketch. 12
    The comment came from MK , and the statement was along the lines of IF a ML was not received by December then there MAY be a need for a CR, and the qualifier being burn rate roughly equals recovery rate,
    Well they got the ML, the upshot from that is they can dig up any high grade areas now, not leave it and move on, as per exploration.
    Against us are the ground conditions during the wet, how good or bad they are in the coming wet season is an unknown.
    Also I don't see why our new business partners would not allow immediate diamond sales as required, that would be like cutting off ones nose to spite the face.
 
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