I think the hint may be we have many oversize diamonds sitting in this oversize stockpile,but till that kim licence is stamped and delivered that is where they will stay,the order of new rig capable of drilling 2000 metres,i like,i am little dissapointed that Angolian officials could not stamp the licence before this visit to oz,but the reasussrance by both the angolian officiall and SW,that it will arrive soon(i have no doubt it will)is a concern to many and is part of the reason sp is weak,like i have said in past the sp is not a major concern to me as is the progress of the company,and so far progress is going very well,id say better than what we are told,(due to licence issue)so with the increasing diamond recoveries,extra equipment to increase capacity etc,the selling of late from a large holder is of some concern,but the tricks used these days by big fish may turn out to be a move to send sp south for a reason,only time will tell but as frustrating it is seeing progress moveing very well,and the chance that we are sitting ontop of a commercially viable kim very high in my opinion,i am confident that the future looks very bright for lom.gltah.
LOM Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
