Ann: Investor Presentation, page-3

It's funny that in the presentation they noted that there's US$6.4m in declared dividends from the Lulo JV that have not bee paid to Lucapa.
So at the time of the presentation the LOM MC was $12.2m and they had AUD$9.95m in declared dividends owing to them.

Perhaps instead of raising a few sheckles at a 50% discount, wouldn't the best action to be taken by the board acting in the best interests of the shareholders to actively pursue to the recovery of the $9.95m owed to the company? I mean that cash is 81% of the total value of the MC (as it was pre the CR).