- In 2018 LOM is a company owning 70% of a kimberlite mine generating roughly 100 mio. $ revenue per year for at least 10 years but with low profitability.
- LOM owns 40% of an alluvial mine generating 50-100 mio. $ revenue per year for the next couple of years (personally I would guess 5-10 years) with high profitability, increase of revenue possible if processing capacities are doubled as planned
- LOM is performing a drilling program on selected of 300 kimberlites with the chance to find an extraordinary source of diamonds. In my personal opinion if I look on the map I would roughly rate the chance to 50-70% to find the source, but yes I agree maybe it still takes years to find it and then takes years to build up the mine.
Well you never know, maybe they find it tomorrow, maybe in 5 years. In the meantime I use the cheap shareprice caused by all the people expecting sensational news within weeks who are now disappointed.
- Forums
- ASX - By Stock
- LOM
- Gut feelings
Gut feelings, page-107
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.0¢ | $19.32K | 472.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 66492 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 112000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66492 | 0.040 |
4 | 287000 | 0.039 |
1 | 260000 | 0.038 |
3 | 197211 | 0.036 |
2 | 371414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112000 | 1 |
0.045 | 57800 | 2 |
0.046 | 181600 | 2 |
0.048 | 150000 | 1 |
0.055 | 30000 | 1 |
Last trade - 12.27pm 27/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |