LOM lucapa diamond company limited

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  1. 384 Posts.
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    Now before everyone jumps down my throat...................this is from the 28th of November 2016

    The price at the time was $0.475 !!!


    For the 587th time..............

    The share price will move a little more substantially if and when the following happens:

    1. We unearth 1 or more super diamonds from the current alluvial process and continue finding type2a diamonds on very regular basis (at least so far we have one tick);
    2
    . We discover, and confirm (proof), a commercial kimberlite;
    3. and lastly, we get a bigger share of the pie and profits begin to flow back to the company and shareholders.

    The only good thing I can see is that each time we have a move up the price then settles back down slightly higher than before - but don't expect "massive" rises unless the above happens. LOM is a good company in its infancy and the road to success is uphill but achievable.

    Then we may well see 60 cents, a $1, sophisticated investors, 10 million shares traded EVERY day and I will be bow and pay homage to Bungy (a legend, almost) and Unawares (the Oracle)!

    The only thing that has changed is the share price!

 
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