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Rediscovery of a huge diamond deposit ahead!
Lucapa Diamond redeemed 51.3 million Australian dollars already in the exploration phase
Our present Neuvorstellung Lucapa Diamond Company Ltd.(ISIN: AU000000LOM6, WKN: A0M6U8, Ticker: NHY, ASX Symbol: LOM) is nearing the discovery of a huge diamond deposit. As early as the exploration phase achieved Lucapa Diamond Company Ltd. with its Lulo project in Angola gross proceeds of 51.3 million AUD. Since work began on the Lulo project partners were able to sell diamonds with a total weight of 12,125 carats.The average proceeds of the Lulo Diamond was thus 4,233 AUD or $ 3,147. Thus, the selling price of the diamonds of the highest quality was many times higher than the average international sales price of USD 120 to USD 400 per carat.
Turnover of AUD 32.5 million alone in the March quarter
tripled compared to AUD 9.11 million in the previous quarter
The diamond explorer reported in early March the sale of additional Lulo diamond with a total weight of 1,349 carats.Lucapa Diamond Company Ltd. achieved together with its partners a selling price of an average of 7,126 AUD ($ 5,075) per carat. A top international price. Thus, the promising Australian Explorer comes alone in the March quarter on gross revenues of 32.5 million AUD. This represents already more than a tripling of revenues of AUD 9.11 million in the previous quarter.
Doubling the degradation capacity of 20,000 to 40,000 cubic meters per month in 2016.
Positive cash flow is used to search for the source of the high-caliber
As planned, the initial degradation capacity of 10,000 cubic meters per month was put into operation in June, 2015. In September 2015, the alluvial mining capacity has been doubled to 20,000 cubic meters per month. The manager of Lucapa Diamond Company Ltd. want the positive cash flow still massively expand in 2016 in the alluvial mining capacity soon to be increased from 20,000 cubic meters to 40,000 cubic meters per month. The positive cash flow should then be used to search for the origin of source of high-quality diamonds. The numerous well diamonds of the highest quality point forward to a world-class diamond deposit.
World-class diamond mine in sight
Many high-caliber point to huge diamond mine
The Fund numerous high-caliber within the diamond mining in the alluvial soils of the blocks 6 and 8 points to a world-class diamond mine. Alone in Block 8 of Lulo- project were already over 4,000 carat alluvial diamonds - including 80 top-class with more than 50 carats, including a diamond with 131 carats and another tip diamond with 75 carats. In block 6 of the Lulo diamond project already were with a total weight of 1,000 carats found - including 3 top-class with more than 50 carats (133 carats, 120 carats and 86 carats). Lucapa Diamond Company Ltd. discovered on Lulo with Gravitäts measurements already a 110 hectare kimberlite structure (L259), which is directly under mining area block. 8 Lucapa Diamond is located just before the discovery of the source of origin of these international top diamond. If the top geologists are looking for, then would the share price of Lucapa Diamond Ltd. multiply.
