LOM 11.1% 4.0¢ lucapa diamond company limited

Paydirt Dec 15 - Jan 16 LOM Article, page-15

  1. 6,237 Posts.
    lightbulb Created with Sketch. 2837
    A quote I found important in the article was the following (my underline):

    "Some shareholders wanted all the money to be spent on the kimberlite exploration but that is playing a dangerous game if you miss the pipe," Weatherall said. "Developing the alluvials operation has allowed us to become a self funded explorer. It is the cheapest form of kimberlite exploration you can do. Two thirds of the costs would still have been there now the alluvial operations are covering all costs on site".

    Gotta be a good thing in the resource / mining gig hey?...like to trust they won't be tapping Inv on the shoulder near term to put hands in pockets would they?

    Anyway, just a thought....leave u all to it
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
0.004(11.1%)
Mkt cap ! $11.60M
Open High Low Value Volume
3.6¢ 4.0¢ 3.6¢ $2.679K 67.19K

Buyers (Bids)

No. Vol. Price($)
1 250000 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 56526 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.