LOM 0.00% 6.7¢ lucapa diamond company limited

Syz"I would have thought the license was related to digging...

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    Syz

    "I would have thought the license was related to digging rather than processing"

    The alluvial exploration license refers to both "digging" for and "processing" of alluvial diamonds. BLK_09 and BLK_10 were excavated from the Calonda gravels (alluvials) for purpose of kimberlite exploration at priority target Se222, however IMO the diamonds recovered will be included in the marketable parcel of alluvial diamonds.

    I don't know why BLK_10 did not get a mention in yesterday's report but I did suggest a possible reason in my last post. IMO, we'll get an update on alluvial recoveries when LOM receives confirmation that the alluvial license has been extended two years.
 
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