LOM 1.41% 7.0¢ lucapa diamond company limited

Ann: TDEM Results Upgrade Kimberlite Targets at Lulo, page-36

  1. 43 Posts.
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    In my opinion they are trying to take the spotlight off L259 with so many TEDM anomalies and satellite kimberlites to evaluate. The exploration team is essentially targeting these first, and as Bungy noted, they purposely excluded the TEDM off L259 so investor and political expectations are not raised. This buys time to do more work on L259 before the next quarterly. Understandably kimberlite evaluation is expensive and takes time -this is all compounded by the fact that we are spoilt with a large number of kimberlites /anomalies to evaluate. I'm in for the long haul!!!! - all in my opinion. GLTA
 
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