LOM 0.00% 6.7¢ lucapa diamond company limited

Gimme an Announcement Now!, page-181

  1. 376 Posts.
    Everything that is said that is not PRO LOM is not automatically downramping? I think there are many on here that get their backs up the minute something negative (but true) is said on here. I don't profess to be an expert in diamond mining, but I have read enough from people on here and sites they have directed me to to know that it does take time to set up mining of a kimberlite pipe. And the mining of that kimberlite if it is economic will depend upon the composition of the pipe, it is not automatically "the cheapest, simplest form of mining" that statement would actually be the opposite of downramping in my opinion.

    Once again I am PRO LOM, but I like to take on board all valid information, not just the stuff that supports a blue sky mindset. Don't get me wrong there is no doubt this will be blue sky if (when) they find a pipe and said pipe is shedding monsters, but it will take time to get from where we are currently to having a kimberlite mining operation, it is not a "simple, quick process", if it were we would be investing in one of these every few months would we not?
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.