LOM 3.45% 6.0¢ lucapa diamond company limited

The future is looking sparkling

  1. 913 Posts.
    lightbulb Created with Sketch. 918
    Been watching LOM for a while now.

    The latest quarterly activities and cashflow reports confirmed exactly where this company is headed IMO

    - Excellent alluvial mining grades (92% specials)

    - Cash in the bank and more on the way from option conversions

    - Fancy and coloured diamonds found near confirmed kimberlites

    - 404 Carat at Block 8 (L259)
    - 66, 59 and 33 Carat at E46 (L46)


    - Drilling of Kimberlite L259 to begin in April

    - Wet Season subsiding in April

    - Scaling up of alluvial mining at Blocks 8 and 6 to 20,000 bcm in April

    With so many more possible announcements on the way this is primed IMO
    - Gazetting
    - Exploration and mining lease due to be renewed
    - More diamond finds
    - Botswana
    - Expanded JORC
    - Multiple commercial kimberlites

    I'm sure I've missed some and let's not forget the possibility of left field announcement

    GLTAH
 
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Last
6.0¢
Change
0.002(3.45%)
Mkt cap ! $17.40M
Open High Low Value Volume
5.9¢ 6.2¢ 5.8¢ $66.14K 1.103M

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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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