LOM 3.70% 5.2¢ lucapa diamond company limited

Moody's ( sovereign risk down), page-30

  1. 577 Posts.
    I believe that there is a major positive here, Diamond Revenue will be even more important to the country and the government...
    Lucapa is in a privileged position, tantamount to being a shop window for many businesses in other countries to see how the government is treating foreign investors, especially joint venturers.
    I believe that the government therefore obviously realises that many would be investors will be seeing how well and fairly their dealings with Lucapa are being handled.
    As a result of the oil situation, I believe they will be looking at damage minimisation to their national economy and would already realise that they have to do the right thing with Lucapa in order to reassure all the would be investors... the world is watching, and that is good.
    Last edited by sparegunner: 03/05/16
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