LOM 1.23% 4.0¢ lucapa diamond company limited

Black Dragon, Good to get an answer of sorts. That's perfectly...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,263 Posts.
    lightbulb Created with Sketch. 3833
    Black Dragon,

    Good to get an answer of sorts.

    That's perfectly explainable. At Ellendale it sounds like you had fairly soft material, big drill diameters and you fed the material through a plant to get a measure of grade.

    You've seen my calculations. I can't see any way that you could economically directly measure diamond grade from diamond drill core for these types of low grade, high value diamond pipes and I can't believe the resources at Letseng are determined by extrapolating downwards from bulk samples taken from the mine benches. Surely you couldn't base your multimillion dollar mine plans on just guessing that because I've got so many diamonds in this type of rock here at the surface where I'm mining, then I'll have the same number in the rock I've drilled 100m-200m below just because it looks like the same type of rock. Somebody else please help. Esh

    P.S. You could disappear down one of those holes pretty easy and no one would hear you scream. Pretty slack safety standards. The mines department in WA insists that you specify how you're going to cap even the smallest of holes when applying for work programs. Generally you buy a spiky plastic hole plug, push it down the hole with the back end of a spade and cover the hole with dirt. Stops the live stock from breaking legs. Pity the humans don't seem to count at Ellendale.
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
-0.001(1.23%)
Mkt cap ! $11.60M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $530 13.26K

Buyers (Bids)

No. Vol. Price($)
1 77958 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 144000 1
View Market Depth
Last trade - 15.50pm 15/11/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.