LOM 1.45% 7.0¢ lucapa diamond company limited

Ann: Record Diamond Recoveries at Lulo-LOM.AX, page-262

  1. 9,397 Posts.
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    Well, thing is, Mushroom, the following has been exercising my tiny mind, ever since it was released:

    'The parcel of 1,985 carats of diamonds achieved gross sale proceeds of A$2.4 million (US$1.8 million) representing an average price per carat of A$1,211 (US$905). The diamonds sold were from production up to 8 July 2016. As at 31 July 2016, SML held an unsold diamond inventory of 2,440 carats from the record July production, including 50 Special diamonds weighing 1,057 carats. This inventory will be included in the next diamond sale, which is currently scheduled for August 2016.'

    Whichever way up you look at it, the next sale should be a big one.
    B22.
    Last edited by Bagman22: 30/08/16
 
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