diamond news, page-3783

thank you for sharing @bbuster

first Euroz, now Far East Capital.

2 good research reports, the coverage has to be rated as good to fair. Not a lot of speculation baked into the LOM SP right now, more like risk off as the mkt weighs up Mothae. 

The below reads quite well, if your somebody who believes that earnings drive share prices:

So, if this was indicative of what we can see in the future,
Lucapa has just received a serious boost to its cashflow in
the foreseeable future. Add to this the news that plant
throughput will improve by at least 25% in 2019, as it
implements a third shift at the processing plant (company
guidance). Shareholders should be looking forward to
significant improvements in profitability

have a great weekend LOMers, and here’s hoping that soon we’ll be rewarded with a higher SP, we should have some comfort knowing that both research houses agree on the 61c valuation.