LOM 6.67% 5.6¢ lucapa diamond company limited

Ann: Lucapa Exceeds Diamond Mining and Processing Targets, page-23

  1. 3,194 Posts.
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    the contrarian
    First one to find something wrong with the announcement

    Lucapa is FORECAST to be cash flow positive by the end of June quarter

    Believe me they know a good estimate of recovered diamonds worth to be able to make that statement

    Diamonds from the bulk sampling before mining commenced fetched around $6500/carat because of the exceptional Type 11 a beauties

    Let me know of another mining company(and we have only just started) that come up with those figures
 
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