LOM 13.3% 13.0¢ lucapa diamond company limited

Hi Naeco,Though we won't know until the Announcement, 'recovery'...

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    Hi Naeco,

    Though we won't know until the Announcement, 'recovery' IMO suggests stone or stones. The use of 'significant' in itself is significant (pun intended) as no level of detail was included in the TH wording for the 404 recovery. This was indicated as a 'diamond update' only, which I believe was later clarified by Lucapa as bare in necessity due to the various security concerns in situ whilst the stone was being extracted from Lulo.

    Just speculating, but the fact they have been more specific in wording could mean a couple of things:

    1. The recovery is less than 404 but more than 227 (no TH was required here)
    2. The stone/s has been secured and they have confidence sharing the additional details
    3. Significant single stone recovery from Mothae (>100 carats)
    4. Significant ROM recovery from Mothae well exceeding forecasts
    5. That none of the above are even remotely relevant, and we actually tripped over a 500 carat rock whilst kicking dirt in Orapa F

    Cheers,
 
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