LOM 1.41% 7.0¢ lucapa diamond company limited

Ann: 68.1 Carat Gem Quality Diamond Recovered From New Area, page-6

  1. 382 Posts.
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    Personally I feel it is another of those "good news and bad news" announcements.

    The good news is that they are still finding quality diamonds and in a new area. It all bodes well for the future.

    However, contrary to popular opinion on this forum, there looks like no mining was done in the areas we thought were being mined. That fine, if you cannot because it is too wet but at least tell us your plans. Surely this must have been know ages ago.

    Is the wet season always going to have such an impact on mining into the future?

    Good news but not enough to send the share price up too much I would have thought.
 
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