LOM 2.44% 4.0¢ lucapa diamond company limited

Ann: Premium 62 Carat Diamond From Another New Area At Lulo, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,201 Posts.
    lightbulb Created with Sketch. 1893
    If say they get an average of US$1000 an ct (taking into account the smaller average stone size) then that is around $9550 per cphm or $95 per m or guessing $95 per 1.5 tonne where the ore is SG1.5 = $63 a tonne or around the equivalent value of 1.5 gram a tonne gold.
    Not bad result for LOM considering there is no comminution involved .
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.