LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: 204 Carat Diamond Recovered at Mothae Mine, page-38

  1. 173 Posts.
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    Yes still holding some oppies, was hoping to participate in this way from a turnaround but does not look so good at the moment ;-) Well I am still convinced from the potential especially of the Lulo asset. Mothae at the beginning I was a fan of, but finally it cost too much in terms of dilution. And Merlin I have not yet understood why it was done. Well I don't have a patriotic viewpoint on this so probably a little bit of a different perspective. In general my overall problem - as mentioned before - is the huge dilution. Still I think there is some potential as soon as they find the source(s) at Lulo. But in the meantime even reaching 1$ is quite difficult. So risk reward ratio at the moment for me is not sufficient to buy new shares. So maybe I join JD with its 3cent approach, let's see
    Last edited by joergwerda: 19/05/22
 
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