LOM 2.33% 4.4¢ lucapa diamond company limited

This is excellent news. L404 is only 4km to the southeast of...

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  1. 13,192 Posts.
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    This is excellent news.

    L404 is only 4km to the southeast of L164, and the yet to be tested L204 is so close to L404 their symbols overlap. Another kimberlite set to be tested, L172, is only 1km north of L404.

    Then we have L165, which I covered in my kimberlite review, is yet to be bulk sampled.

    Individually, they may not be economical to mine, but when you have two (or more) diamondiferous kimberlites in close proximity to one other, it changes the dynamics.

    @Timmyk won’t be happy that L14 hasn’t been tested, but I’m sure he’s more than pleased that it remains a hot target.
 
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