LOM 9.52% 3.8¢ lucapa diamond company limited

Unawares, I agree ... although we should also take into...

  1. 510 Posts.
    lightbulb Created with Sketch. 13
    Unawares, I agree ... although we should also take into consideration that NewToItAll's name says it all. They are probably learning ... although I would suggest that they spend more time reading rather than posting. Brings me to another saying ... God gave us two ears and one mouth for a reason.

    I will actually do the calculation for NewToItAll to help them understand.

    LOM have found 14 special diamonds which total 386.2 carats. To make this become an average of 1.6 carats (per announcement) the denominator = number of diamonds found, needs to be approximately 241 diamonds, less the 14 specials, means that besides the 14 specials they have found another 227 diamonds. Wow!!! That will definitely increase the cpht result (and based on mining time ... I would say must be commercial!!).

    I'm sure the 227 other diamonds are not only visible with a microscope.

    Hope this helps understand what LOM may have here. It's only a matter of time and some patience.

    Zippy1
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
-0.004(9.52%)
Mkt cap ! $11.02M
Open High Low Value Volume
4.1¢ 4.2¢ 3.8¢ $26.23K 658.9K

Buyers (Bids)

No. Vol. Price($)
1 67166 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 131794 2
View Market Depth
Last trade - 15.47pm 06/09/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.