Lucapa’s diamonds feature in the top 10 in 2022

It continues to confuse me as to why the market is not responding to confirmation of the discovery of the first source pipe at Lulo. Maybe the market wants to see the results of a larger sample size. Maybe it just a case of stale bulls selling into any buying.

So far all of the Lulo diamond production has been from the alluvials that have been shed by the primary pipes. The mind boggles at what the value of the original source pipe(s) could be. Maybe investors just doesn’t understand diamonds.

Click on the link below to see the best diamonds recovered in the sector in 2022. Lulo supplied four of these, which is a very impressive result