LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: Record Diamond Recoveries at Lulo-LOM.AX, page-122

  1. 10,657 Posts.
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    With all them brown and orange diamonds being recovered IM expecting a large pink to be found soon with a trading halt that will catch a few out.
    The current stock of diamonds I think are worth at least 6 million but hard to tell because the company did not give us much info on type size and quality.
    What's got me excited is the increasing process rate and grades as it appears they would be at about 25,000 bulk cubic meters a month at the moment or recovering 4250 carats a month.
    The revenue from such recoveries can range from about 5 million to over 25 million for the average mix with a few diamonds up to 130 carats in any 4,250 carat batch sold.
 
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