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2.86% 7.2¢ lucapa diamond company limited

E46 is very far from the DMS processing plant. Even in wet...

  1. ecat88
    661 Posts.
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    01/04/16
    12:18
    Post #: 17400158
    E46 is very far from the DMS processing plant.
    Even in wet season, transporting alluvial gravels there would be inefficient as the roads get boggy. This E46 trial mining leads me to suspect that they will get a second DMS plant and position it at E46. They have the funds now and it would make sense for them to install the second DMS later this year before the next wet season.
    LOM Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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