Wow! We are breaking share price records almost daily now. Amazing achievement…
We will be back at pre consolidation levels very soon unless we get some positive news on the following critical issues soon IMO.
When will the new MIC including % increase be rubber stamped? Has the committee been formed yet? Have the committee members even been born yet! When is the $10m (I think thats the amount - lost track) we are owed going to be paid? This was declared around October last year from memory and sometime in 2024 is simply not acceptable. When will the next dividend to Lucapa be declared and when will it be repatriated? What is the likely timeframe on completing the Mothae sale? Why are we not seeing any directors buying shares at these prices? What are we going to be doing immediately to avoid our share price from being decimated even further?
We need clarity on all of these questions otherwise holders will continue to run for the exits IMO.
This is becoming almost unbearable to watch now!
LOM Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
