After this mornings announcement we had....."hold on to your hats" "wow" "oh my god" "holy sheet" and a few other exuberant posts
One more defining post said "don't get over excited" we all knew we had a kimberlite at L259, this announcement is only telling us an approximate size,yet to be fully assessed
Good as it may be what we need now is a review of the JORC to take into account recent recoveries at Block 6 and have a reassessment
I am interested to know how why and when the company is able to announce to the market that L259 is commercially diamondiferous
How does this happen and what parties are involved in the classification process
The bottom line is for the company to get the LOMOBs well over the line and converted which will provide up to 20million in the accounts
Sometime we are to expect the EM figures which I believe will push the probability of a commercially diamondiferous to the forefront of expectations
With Type 11a diamonds scattered over block 8 and bloc 6 the chances must be very high
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- Ann: Large Kimberlitic Signature Defined at L259
After this mornings announcement we had....."hold on to your...
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