LOM 0.00% 4.0¢ lucapa diamond company limited

Election News, page-22

  1. 9,397 Posts.
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    Again, from the BBC:


    'Angola's ruling MPLA party has won the country's parliamentary election, provisional results suggest.
    The party received 61% of votes cast during Wednesday's ballot, the Angolan electoral commission said on Friday.
    The opposition Unita party, which received 27%, disputes the commission's count.
    João Lourenço will take up the presidency, after an election marking the end of nearly four decades in power for President José Eduardo Dos Santos.
    The electoral commission says 98% of the country's votes have been counted.
    However, voting in the election does not end until Saturday due to delays in getting the ballot papers to more than a dozen polling stations in remote areas.
    But with the MPLA taking such a commanding lead, the outstanding ballots will not change the outcome.
    Angola's Casa-CE alliance party gained nearly 10% of the vote.
    Angola is one of Africa's largest oil producers, but it is struggling to recover from a 27-year-civil war between the MPLA and Unita and most people live in poverty.'

    A handy win, as expected. Unita disputes the count but they would say that wouldn't they, they've probably got a few supporters prepared to believe anything, much like The Donald.
    So, JLo is The Man, I don't know much about him but Bungy seemed to relish the prospect of a JLo presidency so I'll take that as my cue, until I hear otherwise.
    Generally, I might have been a bit too negative on LOM, recently, it's just that I doubt whether the BoD is showing the company in its best light, at the moment. Anyway, it is a fact that we haven't had even the very first results from the SA lab yet, although the material was dispatched, what, end of May? In the immediate future, everything hinges on these early results and others that will flow through from our first comprehensive drilling effort, guided by the TDEM we're told. It's early days and despondency is not warranted by anything we have heard to date; undoubtedly there will be waves of news and announcements flowing for the remainder of this dry season. I'm looking forward to it all with keen anticipation.
    Bring it on.
    B22.
 
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