Hi @bungy234 and @Bagman22,
Thank your or your responses.
I understand the conditions the same as you hence the thought that it would be better to repatriate the dividend from SLM into LOM, then reloan/reinvest into kimberlite exploration.
This way we increase our (Lom) net assets (by increasing moneys invested) rather than SLM
This would come in handy when we need to find moneys for the development of the kimberlite mine or worst case scenario funding for ongoing exploration.
At such time it could be more positive if the required future investment be repaid at the rate of 70% of future profits rather than at 40% of future profits.
Also, quick question, from my understanding SLM is alluvial related mining company hence why should alluvial mining company be paying for the ongoing kimberlite exploration?
I may be just confusing myself here.
- Forums
- ASX - By Stock
- LOM
- Lucapa offers diamond investors a new chance
Lucapa offers diamond investors a new chance, page-81
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $9.799K | 243.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 61992 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 112000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 61992 | 0.040 |
3 | 477871 | 0.039 |
1 | 60000 | 0.037 |
2 | 123111 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
0.047 | 124900 | 2 |
0.048 | 150000 | 1 |
Last trade - 12.50pm 09/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online