Correct me if I'm wrong but this single sale is worth 11.5% of the LOM entire market cap. If this was a company making and selling widgets the market value should be much higher. I know everyone is waiting for a commercial diamond pipe to be discovered but isn't that what Moathe is? And Lulo is a commercial diamond field that will yield widgets for (I read somewhere) the next 30 years. This is a safe investment with a huge upside if/when the Lulo source of diamonds is found.
IMO.
Ann: A$8.8M from Lulo and Mothae Diamond Sales, page-2
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Mkt cap ! $14.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10557 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 15000 | 1 |
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