LOM 3.75% 4.2¢ lucapa diamond company limited

LT Payoff, page-11

  1. 599 Posts.
    A more pertinent question to ask, is what is everyone's expectations regarding how long it will take for Lucapa to be able to comfortable announce that it has identified a potentially commercial kimberlite, how long before it can confirm a kimberlite as commercial and the associated costs, drilling, sampling and proving up the resource.

    I think a few on here believe it's a simple process of drilling and hitting the jackpot like an oil play, which is not the case, IMO years away.
 
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