BIG weeks ahead for LOM, page-79

PointyD - you've highlighted a couple of key points in your own words.

Firstly, the last diamond valuation roughly covers one month's worth of cash burn.

Secondly, Lucapa do not control the timing of the sale of diamonds, hence to rely on cashflow from these sales is not tenable - hence the need to raise more capital in the absence of a concrete sales timetable and lack of option conversion.

This is not scaremongering, simply a rational position to hold.

Could Lucapa strike a 600ct monster tomorrow sparking a share price revival, quite possibly.

If not, a cap raise seems more likely than not, you don't have to agree with this position, no one is forcing alternate views upon you.

GLTAH.