RE:RE:GreywolfHi
Lucara is in an interesting position what to do with all the diamonds they are finding - how do you value on the books rough diamonds that haven't gone to tender? What does the Botswana gov't (that gets royalties) think about Diamond Companies with mines in their country keeping rough diamonds in inventory? With Lucara's apparent unforseen significant front end diamond recoveries ... how are mining costs applied against the revenues generated from these diamond sales?
"2014 Playbook" key moment - Which diamonds does Lucara put into
July's second exceptional diamond tender ....???? This could spark the run to $ 3 once this is known ... perhaps Greywolf will be correct with his $ 3 SP by end of 2nd Qtr ..
Opinion:
Don't be surprised to see financial analysts hire diiamond experts to attend July's exceptional diamond tender preview sessions to get advance
outlook on what revenues Lucara will see on July 16th after the tender closes
Real advantage for them and their clients if they know in advance - especially if tender results
are off the charts .. so if you see $ 3 SP by end of this month - There is potential for SP to run up another dollar or two before July 16 with large institutional buyers on PURE and other exchanges getting in on the action before July 16th Tender results are released by company..
Next 30 days will be very interesting !
- DS