LOM
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2.33% 4.4¢ lucapa diamond company limited

I'm hearing you. Didn't expect to hit my 4.1c order today.The...

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  1. dangar
    5,099 Posts.
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    16/02/23
    13:21
    Post #: 66287209
    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

    LOM Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.4¢ 		Change
0.001(2.33%) 		Mkt cap ! $12.47M
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4.2¢ 4.4¢ 4.2¢ $22.56K 524.6K

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1 67878 4.3¢
 

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Price($) Vol. No.
4.4¢ 47996 1
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