LOM 6.67% 5.6¢ lucapa diamond company limited

Valuation & Price target for Wednesday, page-35

  1. 367 Posts.
    "I place more value on the 35 year element, as opposed to what's actually in the ground, a 35 year licence, if transferable, is a key selling point."

    Quick, ready to tack to the left with the next change of breeze?
    Yesterday it was sovereign risk with no license, License is here so now so back to whats not in the ground. If they shore up 60Mil carats of gem grade diamonds what then, Hmmm, I am looking into my tea cup and see: P says "Angola on the verge of another civil war," "Ebola threatens diamond industry at large in Angola", New ice age threat to central west coast of Africa puzzles scientists while countries evacuated", P voted in as new President of Angola and corruption runs rife".

    And "If license transferable" sounds like a wish more than a thought.

    Law of averages would suggest that if you through enough darts, you are going to hit a bullseye eventually. I seriously doubt it though in your case.
 
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Last
5.6¢
Change
-0.004(6.67%)
Mkt cap ! $16.24M
Open High Low Value Volume
6.6¢ 6.6¢ 5.5¢ $47.36K 820.3K

Buyers (Bids)

No. Vol. Price($)
3 280076 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 116300 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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