LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Kimberlite Drilling Targets Defined at High Priority L259, page-58

  1. 10,493 Posts.
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    Its going to take a month or more before drilling starts let alone confirm anything.
    I would say about 3 to 6 months before the company will be in a position to start bulk sampling.
    The whole announcement pretty much says a lot more work is needed before anything meaningful is confirmed such as bulk sampling and diamonds being found in the pipe.
    Focus by the market will be on the Alluvial mining for at least another few more months.
 
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