LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: Response to ASX Aware Letter, page-14

  1. 2,547 Posts.
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    i am the newbie after many years of not being in LOM.... jumping in on what i hope were the weaker parts of yest and todays trading.

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    anyways..... u all know the news-flow / time-line...

    but thought i would add this evenings explanation in chronological order... cos i am as thick as a brick... see better in time-lines.

    looks legit explanation... whateverer.... and for what it is worth.... they have given ASX plenty of "provable" events that can be checked up on.... if ever required

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    i reckon the stone was a genuine "dammit... we found another" moment...

    the number of "specials" leading up to the 404 has definitely been ramping up... at least looking from my newbie eyes.


    please correct me where i is wrong (the stuff from the ASX Query is in BLUE)... still getting up to speed.

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    recent announcements from LOM....


    BULLISH - 14th Oct 2015 - LOM "doubles mining rates at Lulo"

    BULLISH - 16th Oct 2015 - LOM announces L46 diamond hits

    BULLISH - 19th Oct 2015 - LOM finds a 74.5 carat stone

    BULLISH - 26th Oct 2015 - LOM releases very upbeat Quarterly report

    BULLISH - 26th Oct 2015 - initial OPTIONS offer is tables

    BULLISH - 16th Nov 2015 - diamond sales going great

    BULLISH - 23rd Nov 2015 - Lulo testing being hurried up

    BULLISH - 10th Dec 2015 - MORE nice stones found

    BULLISH - 15th Dec 2015 - "Maiden Resource" announced

    BULLISH - 18th Dec 2015 - sales absolutely cranking

    BULLISH - 21st Dec 2015 - lab results are bullish

    BULLISH - 18th Jan 2016 - production update

    BULLISH - 22nd Jan 2016 - 133.4 ct stone announced

    BULLISH - 25th Jab 2016 - stone sales still cranking along

    BULLISH - 29th Jan 2016 - bullish quarterly... drill is on its way etc etc etc

    BULLISH - 1st Feb 2016 - signature defined

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    9:38 PM EST - 3rd Feb 2016 - ASX ANNOUNCEMENT - 3rd Feb 2016 - 120.4 ct and 86.2 ct stones found

    3:00pm PERTH TIME - 3rd Feb 2016 - all Shortfall Oppies allocated

    3:06pm PERTH TIME - 3rd Feb 2016 - draft ASX announcement about allocation of Shortfall Oppies prepared

    4:51pm PERTH TIME - 3rd Feb 2016 - LOM CEO gives nod to get cash in and distribute Oppies paperwork

    11:45pm PERTH TIME - 3rd Feb 2016 - LOM CEO hops on plane to Cape town Conference

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    11:30am PERTH TIME - 4th Feb 2016 - LOM CEO notified of 404 stone - verification started


    12:56pm PERTH TIME - 4th Feb 2016 - emails and verification received at LOM - security beefed up at Lulo - contacted the Angola authorities straight after that

    SOMETIME THAT ARVO - PERTH TIME - LOM crew resolved to ask ASX for a "Pre-open Trading" halt because of 404ct stone

    7:42 PM EST - 4th Feb 2016 - ASX ANNOUNCEMENT - LOM FINALLY GOT SOME BELIEVERS TO TO TAKE THE 8,240,000... 30 cent SHORTFALL OPPIES.... to supportive long-term investors.... (paperwork and funds collection started previous day)

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    9:34 EST - 5th Feb 2016 - TRADING HALT - Reason given.... because they had a "diamond Update"

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    8th Feb 2016 - Presso - clearly stating this does not include the new "diamond update"

    8th Feb 2016 - LOM tell "Mr Secrett" at the ASX that there is a delay to announce "diamond update". Voluntary suspension is granted (what an appropriate name.... Mr Secrett)



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    9th Feb 2016 - Suspension announced Pre-market - "pending a joint announcement from Lucapa and its partners in the Lulo Diamond Project, including Angolan national diamond company Endiama, regarding the diamond update...."

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    Saturday 13th Feb 2016 - Joint "404" announcement agreed upon (LOM plus partners)

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    9:49 am - 15th Feb 2016 - 404ct stone announced - and trading commences a little later than normal at 10:20 am

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    i love it when it gets all suspicious and weird... because LOM are finding so many chunky diamonds.... and now that has messed up all the trust.


    stones 001.png stones 002.png stones 003.png 404.png


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    p.s. our little sister stone (the Angola Star)... is safely tucked away in a boutique... New York City Jeweler... at least last that i can see.

    http://theangolastar.com/

    i cannot find a value for it yet..... have looked all over



    angola star page.png

    bsh
 
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