LOM
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0.00% 6.5¢ lucapa diamond company limited

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  1. procrastinator
    930 Posts.
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    08/03/16
    08:28
    Post #: 17212819
    Reading an old Hartleys report where they put a target price of 49c on LOM. The basis for this valuation was the sale of 15000 carats at $1700 over 12 months going forward. The expected cash flow from this assumption was $25million. This was just from alluvial mining with a slight chance that in the future they may have JORC

    In light of what has happened this quarter, $32million in diamond sales, drilling to commence to prove up a productive Kimberlite.

    What price now?
    LOM Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch.  Great analysis
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6.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $18.85M
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6.5¢ 6.5¢ 6.5¢ $15.85K 243.8K

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No. Vol. Price($)
2 88793 6.1¢
 

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Price($) Vol. No.
6.5¢ 6867 1
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