I have said before, All i know about diamond mining is what I have learnt since joining this thread. I did have a very good knowledge of diamonds though, thanks to my wife putting me through a painstaking process to get the best ring we could. DIAMONDS AREN"T ALL DIAMONDS, and as the quality goes up, the price goes up, as the SIZE goes up, the price goes up, and not on a % scale, much more like the calculation of the RICTOR scale for earthquakes.
We have both, size and quality.
I cannot see any reason why we wont have at least 60mil carats to mine over the long term. And that is a mind numbing thought when you multiply possible carat price, even taking a conservative approach.
DYO research people. I am not an advisor, just an unemployed bum. (but a lucky one)
LOM Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
