Ann: Lab Results Confirm Kimberlite Target Areas, page-102

I can not see the share price falling much from here as 8.12 million in diamonds was sold last quarter and that looks like it is going to continue with another large D to be sold in the next batch.
Going on the last quarters figures as a average it comes to 24.360 million of diamond sales for 2016 not taking into account any increased volume treated.
That's a lot of exploration and mining money for a 62 million dollar market cap even before profit sharing starts,when there is surplus funds.
About two thirds of the current market cap or more will need to be paid back to Lucapa before the company starts to receive there 40% share of alluvial mining profits,so that's like valuing a 40% share of alluvials and 30% share of a kimberlite mine or mines at a lousy 20 million dollars.
And people wonder why us longs continue to hold.