RE: EPL 3403Is not answering these type of question what exploration is all about ?
AFA has completed a sampling program that aims to sees if the potential of EPL 3403 is worth continuing exploration.
Once the result are publish we will have a better idea of the answer.
From what Pierre has mentioned finding more then 25 stones, with concentration and descent size will go a long way in proving the potential of the Block...
If you read AFA information, (MDA, Business plan section), you will notice that they have very clear goal and success benchmark, and you will get a good idea at what they are looking first.
If you read the geological information publish by AFA you will see that in the eyes of the technical experts of the Corporation, there is no doubt that the diamonds come from the orange river, and since they are surrounded by other marine mines, then the chance are very good that if they find good indications of potential concentration, that they will find enough mine to have a mine...
Remember cost of mining a carat is around US $ 150 and the selling price is above US $ 350.00 (conservatively)...
So I am pretty optimistic...