Hi again LOM thread :) See the debates still going to &...

Hi again LOM thread

See the debates still going to & fro.....so thought wood start a new thread for u

So...still surfing and studying up and now looking at previous independent geo academic studies for the Lunda Norte and surrounding areas over the past few years to see what they have to say about the possibilities. Quite interesting so far.

But, while searching I found this "Mgmt Interview" and could only get it through cache as page appears not available when u click on the link? Under the cache it comes up as a snapshot of the page as it appeared on 14 Dec 2015.

Thought wood post it - don't know if anyone else found / seen it?

Appears LOM will be presenting as a Mining Corporate Presenter at the conference (as will other ASX Co's like PL*) and note LOM are listed as "Development" status for the project not "Exploration"? Warwick Grigor will also be there on Day 1 For Far East as well and at the end of Day 2.

Lucapa Diamond
ASX:LOM
Development
Diamonds
Angola
Management Interview
Hartleys' Report September 2015
Hartleys' Report October 2015

Day 1 Conference

	Column 1	Column 2
0	14:40	Lucapa Diamonds Stephen Wetherall, CEO, Lucapa Diamond

http://www.weare121.com/121mininginvestment-cape-town/mining-corporate-presenters/

http://www.weare121.com/121mininginvestment-cape-town/conference-day-1/

http://webcache.googleusercontent.c...gement-interview-3/ &cd=8&hl=en&ct=clnk&gl=au

Have a good one.





Lucapa Diamond – Management Interview

Sum up your company for us in a sentence or two.
Lucapa is a unique diamond mining and exploration Company listed on the Australian and Frankfurt stock exchanges, with significant alluvial deposits and 2 kimberlite clusters in Angola. Lucapa has scaled up alluvial diamond mining operations and is recovering diamonds of exceptional size and quality while advancing a kimberlite exploration program over a significant kimberlite cluster with already proven diamondiferous kimberlites.

Tell us a little about you and your team’s background and any career highlights so far.
Miles KENNEDY Non-Executive Chairman
Founder and former Chairman of WA diamond miner Kimberley Diamond Co
Stephen WETHERALL Chief Executive Officer
14 years’ experience in the diamond industry. Extensive experience with De Beers and Gem Diamonds. Former Head of New Business and Sales and Marketing Executive at Gem Diamonds.
Nick SELBY Chief Operating Officer
36 years’ experience in the diamond industry (incl. Angola) with De Beers, ITM, Southern Era, Gem Diamonds and Kimberley Diamonds.
Gordon GILCHRIST Non-Executive Director
Former head of Rio Tinto’s global diamond marketing operations and MD of Argyle Diamonds
Albert THAMM Non-Executive Director
29 years global industry experience. Former Chief Geologist at the Ellendale diamond mine.

What is the focus of your management team in 2015/16? What are the key milestones you are looking to reach over the next year that you think will add value to the business?
Corporate:
● Attract global investment and strengthen the share register;
● Look to build effective ownership >50% in alluvial and kimberlite ventures;
Alluvial Operations:
● Continue to invest in:
○ Doubling dry-season alluvial diamond mining operations to 40,000 bulk cubic metres
per month from the Mining Block 8 area, where we have been producing special diamonds (>10.8 carats) on a regular basis
○ Continued improvement and upgrade of plant infrastructure to improve throughout
and efficiencies.
● Put out a JORC code compliant diamond resource and expand this resource beyond original
sampling blocks (as only minor part of lease area);
Kimberlite exploration:
● Continue to advance our exploration programs to:
○ locate the source of Mining Block 8 diamond field – which has a high concentration of
large high value diamonds. Kimberlite indicator minerals, diamond studies and expert geologists all suggest the primary kimberlite source is proximal; and
○ locate the source of E46 alluvial terrace diamonds that has returned higher grades in
bulk samples; and
○ continue to improve understanding of the overall geology on the concession to identify
other potential sources and priority targets.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Key risks for the company are:
In addition to the risks normally associated with diamond mining that are more fully outlined in our Prospectus released to the market on 26th October 2015, the more operational and country risks are:
Overall:
○ Diamond exploration is generally costly and time consuming and is subject to
movements in international diamond prices. It is for this reason we commenced and expanded our alluvial mining operations to generate cash flows to sustain both alluvial operational costs and general kimberlite exploration costs;
● Angolan country risk: We are comfortable operating in Angola where we have been for more
than eight years. Like many African countries, there may be economic, social, legal, political and
other risks in Angola.
● Diamond Pricing:
○ Pricing is set by supply/ demand and liquidity conditions and is generally uncontrollable.
Higher quality diamond production, such as that sourced from Lulo, has definitely been
more resilient.
There is also risk associated with the renewal of exploration licences, but Lucapa and its Lulo partners have been successful with previous licence renewal applications.

What is your main aim in coming to the 121 Mining Investment conference? Who do you hope to meet?
Our main aim is to continue showcasing Lucapa to an international audience, to promote the significant advancements we have made with our alluvial diamond mining operations, diamond sales and kimberlite exploration program. We will also be outlining the opportunities for international investors to participate in what is a tremendously exciting next few months for Lucapa as we close in on the kimberlite source(s) of the exceptional diamonds we are recovering from Mining Block 8.

Investors like to see that management have “skin in the game”. Tell us briefly about your management team’s investment in the business.
We as new management have been incentivized with option packages to ensure our interests are aligned with all Lucapa shareholders.

In a sentence, what do you think makes your company such a compelling investment?
We are recovering and selling some of the best alluvial diamonds in the world and closing in on the primary kimberlite source of these exceptional gems. Our alluvial diamond mining operations can be scaled up in a simple and cost-effective manner and the kimberlites we have identified at Lulo provide us with the opportunity to make one of the world’s biggest primary diamond discoveries.