LOM 3.75% 4.2¢ lucapa diamond company limited

Ann: Change of Director's Interest Notices-LOM.AX, page-110

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  1. 10,765 Posts.
    lightbulb Created with Sketch. 2102
    I think the exercise of lomob has little to do with the fall in the share price.
    It is the delays that are scaring investors away.
    Gazetting is a huge delay
    Drilling according to some here was meant to have started months ago,not to mention bulk sampling,overall that has been a huge delay so far.
    The wet end has also been delayed as that was expected to have been fitted December January.
    It is the delays that is causing the selling pressure in my opinion.
    Over the next quarter or two IM expecting a 100 million dollar diamond recovery week,thats when all the delays will be forgotten.
 
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