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3.45% 6.0¢ lucapa diamond company limited

Ann: Mothae Mine conditional Sale and Purchase agreement executed, page-6

  1. Cridz
    992 Posts.
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    25/06/24
    10:00
    Post #: 74473210
    Not sure what you expected Catty, Mothae has now had 2 operators fail to make it work profitably.
    Do you hold it and wait in hope of a good offer or take what you can get and move on?
    The downside to waiting is if no better offer comes you may end up being stuck with the mine rehabilitation costs that are likely far greater than any offer.
    Lucapa can now move on and focus on Lulo and Merlin.
    LOM Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch. 4  Great analysis
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