LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Quarterly Activities Report, page-21

  1. 13,180 Posts.
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    I’m sure SW was behind the idea of increasing our returns beyond the mine gate, and he was probably the one who approached Safdico.

    Yes, it did take a while to sell the cut and polished orange pink, but payday did arrive for SML and this additional ~30%, above the rough price, was a bonus.

    I will say that the market for top of the market orange pink diamonds would be very, very, very small, so it’s not surprising it took so long to sell.

    I personally don’t think that orange and pink go well together, but like they say “one man’s trash is another man’s treasure”!

    Yes, I definitely agree @HO71, the quarterly had some nice surprises.
 
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