LOM 4.00% 4.8¢ lucapa diamond company limited

Ann: 15.2 Carat Polished Pink Lulo Diamond, page-89

  1. 2,323 Posts.
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    As others have pointed.

    The market does not give a flying toss whether there are fancy stones in Angola, there are, that's not in doubt.

    What is in doubt and has been proven over MANY years, is an inability to repatriate funds out of the disastrous SML vehicle, nor follow through on ownership discussion talks, nor identify a commercial kimbo.

    Until such time, this will bump for a few pips on an announcement and then slowly sink as it has been doing for the better part of 3 years.

    Angola, is not a good place to do business. Good job if you can land a million a year and not generate shareholder wealth, best job in the world...
 
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