LOM 11.1% 4.0¢ lucapa diamond company limited

Hi Delboy - the benchmark is somewhere between 2,000 and 2,500...

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    Hi Delboy - the benchmark is somewhere between 2,000 and 2,500 cts, but the criteria is based on many factors, some of which are:
    - grades
    - diamond values
    - average stone size
    - overburden
    - mesh size, etc

    The total weight required for a ML at Lulo would be far less than the benchmark, hence our JV partners gave us the green light to apply for a ML.

    The above information is based on a conversation I had with Miles around 2 years ago.
 
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