LOM 2.44% 4.0¢ lucapa diamond company limited

Lucapa offers diamond investors a new chance, page-14

  1. 1,940 Posts.
    lightbulb Created with Sketch. 92
    Going to the table knowing your alluvial CF+ changes the whole dynamic.... after the moaning no Kimbo licence is a shafting coming .... then it turns into 5 yrs same with alluvial it was longer than first anticipated .... I have seen enough since holding to say we are firmly partnered with the Angolan's.

    XRT increases overall finds and size
    Deep Boiler improves per crt $$ average ( have spent hours trying to quantify the per crt difference in value no luck as yet)

    Whats this FY recoveries going to total at end of June ?
    -
    -120 mil
    -150 mil
    -
    Suddenly in 24 months the shoe is on the other foot !

    Once the deep boiler is working we should be able to accurately determine the value of what crts we hold prior to sale as up to now the inclusions in stones haven't been removed... offering stones post boiled for sale is going to make a considerable difference .... SW at work ...

    https://www.tomra.com/en/solutions-...mining/mining-news/2016/lucapa-commissioning/
 
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