They will dig up around 1 billion dollars of diamonds per year i assume,after the j/v cut with endima and rosa we still have plenty of room for a 50 % partnership with RIO and will still bring in 500 million a year ,and i hope then we also have a 2 nd kimberlite which we will fast track into production on our own and botswana i suggest is a very strong lead.We will have a ton of cash in the bank and the freedom to explore the whole lease.
Angola does not have time for us to spend 2 years bringing L259 into production ,they will give incentives to fast track and a partner will pay a premium for that,remember it has its own market in the specials so fluctuations are lower in diamond sales and i believe we have a buyer now.
The large diamonds are the key and the fact all diamonds apart from that strange compound are at high average carat price.
3 years of trolls and the stupid have taken their toll but LOM no longer need us to counter and hold together their business formula on a social aspect.They are quite capable of using their strengths to bring this into the big money and less amongst the retail sector in which we played a major part in protecting the right information.
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