LOM 0.00% 6.7¢ lucapa diamond company limited

Re 404.2 carat diamond, page-13

  1. 382 Posts.
    lightbulb Created with Sketch. 45
    Had a quick look and even longer think into just exactly what has transpired in the past week.............

    Let's put things into perspective for a bit of fun;

    LOM have unearthed a rare 404 carat type lla coloured gem

    It is the largest ever found in Angola.

    Crickey - in 2014 alone Angola mined 9.3 million carats worth $US1.2 billion! But none this size!

    Also in 2014/15 the top 10 diamond mining countries unearthed 129 million carats of diamonds !
    This was worth an estimated $US13.7 billion.

    I am thinking that in just that year alone there were a few diamonds found.

    Just think how many have been found since and in all those years before including that monster 1,111 carat this year .

    And the LOM diamond was the 27th biggest ever. The 27th !!!!!!!!!

    It could be that they never find another one this size again - I am guessing they just might!

    It will be interesting to see how Europe goes in the next few days and how our market digests the news.
 
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Mkt cap ! $19.43M
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6.4¢ 6.7¢ 6.4¢ $2.409K 36.09K

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