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2.38%

4.3¢ lucapa diamond company limited

Commsec Bullish-112% gain possible, page-130

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akrotiri

3,194 Posts.

1

23/11/15

15:16

Post #: 16456822
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Originally posted by Fishinnick ↑

Well Slippin thats a different view of things imo.
In previous announcments, imo. they have made references to being near the source and have inticed invesstors to the idea that they are near or have an idea of where the source may actually be.
In facts seem to be imo that they are not close enough and have to EM and drill their tenament to TRY and work out if and where it is. This will take time and money to achiveve and could be the best thing they could do, but it dosen't mean that they have the source in their tenament. This company is not the only one to find large, quality diamonds in the area.
The best thing about this stock is that the buyers are quite prepared to pay-up for the stock at this level, which in my mind, means that theres more going on here than i can explain.
Best Wishes

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Mate they are at the source and now the job is to find the rim or outer limits of the kimberlite
It could be,, and probably is, huge
Once that is done then sampling and drilling will commence to find the pipe and diamondiferous material

LOM Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

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(20min delay)
Last 4.3¢		Change 0.001(2.38%)		Mkt cap ! $12.47M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.2¢	$687	16.07K

Buyers (Bids)

No.	Vol.	Price($)
1	60000	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	259143	2

View Market Depth

No.	Vol.	Price($)
1	60000	0.040
2	283360	0.036
2	295714	0.035
1	85000	0.034
1	210000	0.033

Price($)	Vol.	No.
0.045	259143	2
0.048	150000	1
0.055	30000	1
0.062	120000	1
0.065	80000	2

Last trade - 14.48pm 18/09/2024 (20 minute delay)

LOM (ASX) Chart