Australia's largest stock trading and investment forum Australia's #1 stock forum

LOM

Click for more information

0.00%

7.0¢ lucapa diamond company limited

Gut feelings, page-108

First 108 Last

Share
Profile

Follow
Mushroom001

627 Posts.

18/04/17

19:26

Post #: 24123876
Share

Originally posted by joergwerda ↑

- 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.

Expand

IMO they have already found it based on all the strong evidence of indicators present around MB8 MB6.. they will start to prove it is there in the coming weeks...

Last edited by Mushroom001: 18/04/17

LOM Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

AI stocks: What to expect in 2024-25

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

There are more pages in this discussion • 1 more message in this thread...

First 108 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $20.30M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$2.819K	40.27K

Buyers (Bids)

No.	Vol.	Price($)
2	219999	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	170000	1

View Market Depth

No.	Vol.	Price($)
1	199999	0.070
1	100000	0.065
2	197103	0.064
1	15850	0.063
2	84801	0.061

Price($)	Vol.	No.
0.072	170000	1
0.073	141658	2
0.076	85000	1
0.077	70000	1
0.080	100000	1

Last trade - 10.04am 17/07/2024 (20 minute delay)

LOM (ASX) Chart