Absolutely correct Jaw, when we have security of tenure,it allows Lucapa to push forward in search of diamondiferous kimberlites which in my opinion is the grand prize,the work that lucapa has completed with its roadshows to Europe and South Africa,when i spoke to management about these trips, there was two common themes 1-quality of product 2-security of tenure No one wants to invest until you have these two completed,especially funds who are spending other peoples money,you can imagine in the board meeting"err we apologise but we saw an amazing opportunity,but unfortunately the licence was not forthcoming".IMO this project will be irresistible to major players,as demonstrated so far by Cannacord,it is clearly a world class tenement,and IMO will attract some serious players,naturally with all my posts this is MY OPINION.
LOM Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
