LOM 3.03% 6.8¢ lucapa diamond company limited

Looks like the average SML cost for the first 10 months of the...

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    Looks like the average SML cost for the first 10 months of the year is around the US$20m mark so average cost per month is US$2m. Revenue for the same period is US$31.6m less say 10% royalties and taxes. So this gives around a US$8m increase in cash for the first 10 months. Amazing the difference that 1 month makes! So assume $4m cost for Nov and Dec and a US$10m sale less 10% and the SML balance would be US$19m. So slightly less than my previous calculation but still potentially enough for a small increase in distribution.
 
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