Lol aries123, why don't you post the full cash position of Lucapa, rather than quote a selective section of the quarterly:
"1.22 Cash at the end of the quarter $5,257,000
Note: The cash balance at 1.22 represents funds on hand in the corporate office as at 30 September 2014. In addition, the cash balance on hand in the joint venture available for exploration and evaluation was A$0.4m."
So, as of the end of September, LOM had $5.657m in cash.
LOM Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
