LOM 0.00% 5.4¢ lucapa diamond company limited

diamonds on my damn chain, page-3

  1. 33,763 Posts.
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    "The carats of diamonds/ 100 ton of dirt is nothing short of staggering thus far."

    based on Bung's post # 8438295 of 492 Carats from 2320BCMs (bulk cubic metres)
    producing 1 carot per 4.71 BCMs

    Compare this with profitable diamond miner "Gem diamonds" who in their half year showed 1.68 carats per 100BCMs from their Letseng mine (high grade diamonds)

    http://www.gemdiamonds.com/gem/en/media/press-releases/?ref=223

    All very early to make projections however it does look good considering production to date is alluvial not a kimberlite pipe like I ma guessing Gem diamonds are mining at Letseng


 
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