Lucapa Diamond again achieved extremely high selling prices for...

Lucapa Diamond again achieved extremely high selling prices for its Lulo diamond

http://www.wallstreet-online.de/nac...elt-extrem-hohe-verkaufspreise-lulo-diamanten

The Australian Lucapa Diamond Company (WKN A0M6U8 / ASX LOM) has set itself the goal of achieving more regular revenues from the sale of diamonds that you win on the Lulo project in Angola from the extensive alluvial production. For this purpose they had in 2015 already sold eight diamond packages, followed the now ninth, again successful sale. Because the average selling price of 2,360 AUD - currently equivalent to about $ 1,652 - per carat is once again significantly higher than the prices achieved on average worldwide. Sold the company this time, however, has Lulo diamond with a total weight of only 178 carats, from which we achieved gross income of 420,000 AUD. The fact that the weight of the recent sales package less pronounced compared to previous sales, is due to the downtime of the processing plant, we have the already reported.However Lucapa had during this processing pause fourth quarter won in 2015 further alluvial gravel - 9,231 bulk cubic meters -., Which can be processed in the first quarter, in addition, the first-class prices, the achieved Lucapa for its Lulo diamond, demonstrate definitely once again that large quality diamonds - as the Lulo project - are still in great demand on the market.Although the average prices of rough diamonds falter total. But this is an issue that has hardly affected by the Lucapa. In recent sales package also a 66.4-carat diamond Lulo was included, whose references, the company had reported in mid-December. The discovered on the newly identified mining area block 6 diamonds, including stones of 133.4 carat weighing, 29.2 carats, 12.4 carats and 11.1 carats, were in the current sales package, however, is not included. Total has Lucapa Diamond so now sold Lulo diamond weighing 10,372 carats and thus achieved a total gross proceeds of 19.2 million AUD or USD 15.3 million. This means an average selling price of 1,855 AUD per carat.The next sale of Lulo Diamond, the company intends to carry out in February.