Cash flow positive. Mcap vs income shows just how under valued this stock is currently. Not a DT just yet, but it soon will be and the entry will be significantly higher.
Lucapa Diamond Company Limited (ASX:LOM) (“Lucapa” or the “Company”) and its Lulo Alluvial Diamond Mine partners, Endiama and Rosas & Petalas are pleased to announce the results of the recent exceptional stone tender which attracted US$15.7 million (A$24.5 million) for seven Lulo diamonds. A total of 534.9 carats were sold by tender achieving an average price per carat of US$29,401.
