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7.0¢ lucapa diamond company limited

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PepperC

788 Posts.

08/03/16

08:35

Post #: 17212882
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Originally posted by sycophant ↑

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?

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(32/25)*4*.49 obviously!!

= $2.50

LOM Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 7.0¢		Change -0.001(1.41%)		Mkt cap ! $20.30M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$12.35K	176.4K

Buyers (Bids)

No.	Vol.	Price($)
3	121431	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	27000	1

View Market Depth

No.	Vol.	Price($)
3	121431	0.070
1	120000	0.068
2	127722	0.064
3	124801	0.061
1	16666	0.060

Price($)	Vol.	No.
0.071	27000	1
0.072	108501	4
0.073	153356	2
0.077	70000	1
0.093	100	1

Last trade - 15.57pm 31/07/2024 (20 minute delay)

LOM (ASX) Chart