LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Diamonds Recovered From Two Lulo Kimberlite Bulk Samples, page-17

  1. 4,948 Posts.
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    I'm hearing you. Didn't expect to hit my 4.1c order today.

    The reported grades thus far aren't exactly jaw dropping. But note the caveat in the fine print:


    https://hotcopper.com.au/data/attachments/5058/5058165-3b3b5c7fd1530abe0bca70c746257d93.jpg

    Only 2m of overburden on L164 has to improve the prospects of it being economic. And I think it will be the size rather than the grade that gets it over the line. That said, 2m of overburden over 3.5ha is about 70,000 cubic meters!

    https://hotcopper.com.au/data/attachments/5058/5058175-844431497e2654aeaf6485f842fe06ca.jpg

 
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