Ann: Another A$9.6 Million from Lulo Diamond Sales, page-18

The latest 1,349 carat sale achieved an exceptional average selling price of A$7,126 (US$5,075) per carat, providing further evidence of the strong market demand for large high-quality diamonds like those being recovered from alluvial Mining Blocks 8 and 6 at Lulo.

Incredible average selling prices, and this is just the alluvial stuff...If they can keep this strike rate up, then the project will have a revenue run rate of $130m a year and around $50m to Lucapa alone which is around half our market cap... With break even level of less than $20m a year, this gives a huge profit of $30m... Wetherall says the alluvial mining will have a mine life of more than 10 years! The share price should be double the price just from the alluvial mining imo, not taking into account the 110ha (and growing) kimberlite...