LOM 1.45% 7.0¢ lucapa diamond company limited

Kimberlites, page-12

  1. 169 Posts.
    I am glad that you responded to his request for information KoO as I thought some of the previous responses were a bit over the edge for someone new to this stock.

    I just want to query what you have said here, and I don't want this to be taken as a criticism as I have not read any posts today that state this clearly.

    "Now the reason todays ann is so big is because it shows we were wrong to think the kimberlite L259 ran along side block 8. No no.. L259 is so big its actually running right under block 8. Block 8 IS THE KIMBO."

    My understanding of L259 is that we have two structures in place: alluvials overlaying a kimberlite. So your statement is not quite correct, as the Kimbo underlies the alluvials. As they are alluvials, they have been carried downstream and have deposited about the kimberlite. Which makes sense, as L259 is that big, that the 'source' is just further along the kimbo, at an elevation. As some have noted today, the SouthWest boundary still has yet to be defined, which is even more exciting.

    Am I reading this correctly from what has been plotted to date?
    And yes, I take today's statement as very illuminating and exciting as well.
 
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Change
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Mkt cap ! $20.30M
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Last trade - 15.49pm 16/07/2024 (20 minute delay) ?
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