The rest of the diamond sale monies was spent on mining costs of US1 million per 10,000BCM plus some additional site improvements.
If you go back and have a look at how many bulk cubic meters has been processed over that time it will add up to about the US13.8 million based on a cost of US1 million per 10.000BCM.
Prior to that US16 million was shared amongst the partners from the sale of a 404 carat diamond with the rest covering site improvements that is now completed plus mining costs.
LOM Price at posting:
40.0¢ Sentiment: None Disclosure: Held
