LOM 4.26% 4.5¢ lucapa diamond company limited

Ann: Additional Priority Kimberlites Identified at Lulo, page-42

  1. 597 Posts.
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    These statements (mainly from Frank) are a bit of a stretch... Yes they have found a diamondiferous kimberlite, but are the commercial? this question will be resolved from the oversized material being processed through the new plant (the initial sampling doesn't in itself suggest commerciality) - add some big stones then this changes the outlook on those two pipes sure... So... It isn't a case of which of the two should they mine.. it is about determining if either are commercial to mine.... However, Finally some activity... This is the sole reason I am invested, to find the source of the alluvial stones... Everything else has been a distraction IMHO (albeit an element of diversification... meh).... Find a big commercial pipe.. Mkt cap $200m.. 20c..? That would be a nice Christmas present.. Here's hoping.. GLTAH...
 
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