LOM 2.33% 4.2¢ lucapa diamond company limited

Ann: More Large Diamonds Point To Close Kimberlite Source At Lulo, page-77

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  1. 255 Posts.
    i agree,
    there was an excessive amount of options
    still is with last cap raising
    still will be if new options are approved

    and there is a strong case to say they should be self funded from diamond sales, for the planned mining upgrades
    lowering the need for option conversion

    if i was a large shareholder i would look at voting no to new options
    to save myself a lot of dilution
    if i was a large holder of options
    i would vote yes,, but options dont have a vote

    ps it would have been nice to know the total diamonds recovered from 2 weeks mining
    not just the headline diamonds
    the devils in the details also the angels are there too

    geology is proving good
 
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