Hi VoiceofReason, management did update the market the following regarding alluvial mining:
ASX announcement 3 March - "While Diamond mining operations continue at Lulo, access to alluvial gravels from Mining Blocks 8 and 6 have been restricted by recent heavy rains."
Management have found us yet another area of large specials, providing further evidence that Lulo is in the heart of a large diamond province.
While some day traders may sell into any news most of our top 20 will not be selling. With so much more positive news to come this announcement will only help attract new sophisticated investors that understand the significance of it all.
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