LOM 4.76% 4.0¢ lucapa diamond company limited

448 carats recovered in ONE day, page-52

  1. 3,194 Posts.
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    According to the well researched club members on here ,only when a commercial Kimberlite is found and announced will we move the SP northwards

    Could take years,or not at all

    My take is that this stock on the world class alluvial diamonds found at Lulo on a regular basis should have this stock at least 75c..........but the market thinks otherwise

    Never forget our diamond sales are averaging around $1500/carat compared to industry average of around $100/carat
    Throw in a couple of biggies and that Lulo average leaps up to around $6000/carat

    One day,perhaps,the market will wake up to the fact

    One needs the patience of a saint to be invested in LOM

    Many have been here for many years and according to them have portfolios of millions of shares
    The company is investigating listing on AIM in the London market
    The AIM is only a small exchange and very liquid,so I personally do not think that will be of much benefit
    We are already on the Frankfurt exchange

    But the company is still way undervalued in my opinion
 
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