Didn't think you were, just wanted to qualify that there are others with more knowledge on geology, having been in the diamond bus for 30+ years so you pick a bit up. Kimberlites are traditionally difficult to locate and even if you find them as seen they may not bare diamonds, usually in a field of pipes if one has diamonds it is more likely that others do also, whether economical is another point. Lucapa have a very strong technical team in both exploration and mine development so from that point Lucapa are in a strong position. All three Lucapa locations have high diamond price averages by world standard (world avg around US$100). Personally see Mothae as having a break out year after getting through Covid. Merlin has just been waiting for a technically competent team with a bit of cash for decades, you would not believe the complete incompetence of how it was run in the last few years. A Lulo kimberlite has the potential to be the worlds best diamond mine, in the mean time just keeps digging up specials. What that all means for share price I don't know, but from a diamond view I like it.
LOM Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
