LOM 0.00% 11.5¢ lucapa diamond company limited

Some interesting back of paper analysis there! It’s always...

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    Some interesting back of paper analysis there! It’s always difficult to forecast ‘what could be’ but hey, that’s the resources space! If I can add to that;

    Mothae will likely extend to a 20yr mine life once the neck joins the JORC, and the plan goes deeper then 300m. I expect more trial mining results shortly.

    Brooking could be another Ellendale, perhaps even better given the first drill hole results. The price Ellensdale was sold for... was after huge depletion of the resource after mining it for over a decade. So brooking may shape up to be a very valuable asset in time. Needs lots of work after the wet season! Management seem excited...

    Lulo... well, we all dream what could be there, those diamonds have come from a kimberlite/s somewhere! The grade is superb in alluvials. Patience required.

    Orapa... patience again.

    The demand for high quality diamonds is only going to get stronger from herein, and investors look for more tangible assets around the world. The price growth for fancy coloured diamonds also remains very strong. Bodes well into 2020+ for LOM.
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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