LOM 2.86% 7.2¢ lucapa diamond company limited

This can't be allowed to pass without comment, Aspire2b. Firstly...

  1. 1,939 Posts.
    This can't be allowed to pass without comment, Aspire2b.

    Firstly you have used a grade of 60 cpht in your calculations for L251, L257 L19.
    When the actaul figure is .289 cphm or .144 cpht (using sg of 2.00).

    Or if you prefer an exaggeration of about 417 times.
    all the figures are here,
    http://www.asx.com.au/asxpdf/20141030/pdf/42tbk5g340lrgw.pdf
    page 10.

    I won't go into your numerous other miscalculations here.

    But Congrats to all that realised some profits (Good on you, JD), because I certainly did..5

    Still a long way from being proved economic and still IMO will never be.
 
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Change
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7.1¢ 7.2¢ 7.1¢ $4.369K 61.33K

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4 176000 7.0¢
 

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7.2¢ 233775 5
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