Australia's largest stock trading and investment forum Australia's #1 stock forum

LOM

Click for more information

2.56%

4.0¢ lucapa diamond company limited

Ann: Highest Diamond Recoveries From Lulo Kimberlite Bulk Sample, page-35

First 35 Last

Share
Profile

Follow
MattAxel

781 Posts.

88

08/12/22

15:15

Post #: 65222582
Share

Originally posted by dangar: ↑

If the volume of a prism is face area x height, I get volume of 35,000 m^2 (3.5 ha) * 300 = 10.5 million m^3 or 105,000 hundred cubic metres. That's about 262k ct given 2.5ct/hcm, pretty close to Mr Axel's numbers. No idea what it costs to get 250 thousand carats out of a kimberlite pipe, but if each carat is worth a low estimate of $500 USD I'm guessing it's probably worth the effort to extract $100M+ worth of diamonds.

Expand

At least you can do maths better than an AI

Extraction costs generally around $300 per ton mark, will leave you to do the conversion to kimberlite m3

LOM Price at posting: 4.6¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NSM

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

SGR

Thousands eye Star on HotCopper, SkyCity in strife – are ASX casino stocks safe anymore?

THB

Thunderbird picks up plethora of uranium targets based on EM survey in Canada

CRI

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

There are more pages in this discussion • 129 more messages in this thread...

First 35 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 4.0¢		Change 0.001(2.56%)		Mkt cap ! $11.60M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$5.8K	145K

Buyers (Bids)

No.	Vol.	Price($)
2	73000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	149000	2

View Market Depth

No.	Vol.	Price($)
2	73000	0.037
3	206471	0.036
3	381414	0.035
1	85000	0.034
1	210000	0.033

Price($)	Vol.	No.
0.042	149000	2
0.043	92576	2
0.044	112000	1
0.045	138400	3
0.046	181600	2

Last trade - 13.59pm 17/10/2024 (20 minute delay)

LOM (ASX) Chart

SPONSORED BY