LOM 3.45% 6.0¢ lucapa diamond company limited

Ann: Maiden Diamond Resource at Lulo, page-54

  1. 4,444 Posts.
    lightbulb Created with Sketch. 1668
    yeah, you can blow a gale of hot air up everyone's skirts dazzaa, but if you read my post I have allowed (in my estimate) 3-400% upside. But it's not 10x upside because...there isn't 90% of the river valley left to explore. It's been picked over by the garimpieros.

    Excuse me if I'm not impressed by anyone who looks on this and think the holy grail has been found, because it hasn't. And so what if LOM gets 40% of US$40M minus the costs of production, and that allows it to find the Holy Grail?

    What you've basically admitted is that I am right; it's immaterial how much of the attributable US$16M (minus costs, minus exploration drill rig, minus drilling costs, minus lab costs, MK et al's salaries) LOM has, because all that does is pay for the finding of the "Holy Grail" which, I note particularly here, has not been found.

    So if you'd all stop trying to paint this like LOM has 'value' all but 'locked in' and this is some kind of 'stepping stone' to vast riches, and admit it's a nice little plank under the bum, but it's still a speccy stock. Thanks.

    I mean, I know why you're all attacking the messenger. It sucks to have someone throw cold water on another run to 60c, but either there's a holy grail which makes $16M look paltry, or there isn't. Aren't you all after a billion dollar mega pipe or something?
 
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Last
6.0¢
Change
0.002(3.45%)
Mkt cap ! $17.40M
Open High Low Value Volume
5.9¢ 6.2¢ 5.8¢ $66.14K 1.103M

Buyers (Bids)

No. Vol. Price($)
1 333535 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 37599 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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