I'm not taking the lack of kimberlite license to necessarily be bad news at this stage. The alluvial license wasn't extended until 3 months after it expired, still work went on.
I keep flip flopping between being optimistic and being pessimistic on what the announcement might bring. The cruel irony would be that if the worst happens, it would mean we are an exploration company for who exploration was TOO successful, despite those stellar exploration results never really being reflected in the share price of the company.
It is going to be murder waiting another day to find out what is going on, presuming that is when the news is released. The last 3 or 4 TH's have been run for the full 2 days so I presume that is what will happen again in this case.
LOM Price at posting:
0.4¢ Sentiment: None Disclosure: Held
