- In 2018 LOM is a company owning 70% of a kimberlite mine generating roughly 100 mio. $ revenue per year for at least 10 years but with low profitability.
- LOM owns 40% of an alluvial mine generating 50-100 mio. $ revenue per year for the next couple of years (personally I would guess 5-10 years) with high profitability, increase of revenue possible if processing capacities are doubled as planned
- LOM is performing a drilling program on selected of 300 kimberlites with the chance to find an extraordinary source of diamonds. In my personal opinion if I look on the map I would roughly rate the chance to 50-70% to find the source, but yes I agree maybe it still takes years to find it and then takes years to build up the mine.
Well you never know, maybe they find it tomorrow, maybe in 5 years. In the meantime I use the cheap shareprice caused by all the people expecting sensational news within weeks who are now disappointed.
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1 | 20000 | 0.056 |
1 | 200 | 0.055 |
1 | 56620 | 0.053 |
Price($) | Vol. | No. |
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