Ann: Fourth Parcel of Lulo Diamonds Sells for A$2.9 Million, page-213

If you knew anything about diamond mining you would know that Trans Hex's alluvial operation is a far, far better proposition than what LOM even aspires to.

About 7 million proved carats ( by the SA JORC) against a conceptual "target" of half a million carats or about 14 to 1, proved v conceptual.

Their grade is also far supieror (but you would allready know this as you have "looked" at it.

I think you are just picking up the dregs left by the garempeiros, look at the plotting of where any decent grade was found, all next to old workings!