Price action 8 Nov, page-45

For those of you that are curious (and to save you researching yourselves), the announcement dates of the 100 carat plus diamonds (for Lulo Only) are as follows:

Diamond
1st - 06/09/2012
2nd - 22/01/2016
3rd - 03/02/2016
4th - 15/02/2016
5th - 21/09/2016
6th - 26/09/2016
7th - 13/02/2017
8th - 13/11/2017
9th - 08/01/2018
10th - 17/01/2018
11th - 11/07/2018
12th - 19/02/2019
13th - 16/05/2019
14th - 09/01/2020
15th - 11/05/2020
16th - 07/12/2020
17th - 04/01/2021
18th - 18/01/2021
19th - 26/02/2021
20th, 21st & 22nd - 29/03/2021
23rd - 06/04/2021
24th - 13/05/2021 (6 months ago today)

Yes, 24 x 100 carat plus diamonds is an exceptional result, but result is based on income AND expenses.

Yes, there are some diamonds in the "kitty" that are about to get sold and will create the next "hype" announcement ... but with the lull in revenue, whilst money keeps getting spent, will inevitable
result in another share issue / dilution.

The Mothae 100 carat plus diamond announcement dates were as follows:

Diamond
1st - 23/05/2019
2nd & 3rd - 18/11/2019
4th - 10/12/2020
5th - 24/02/2021

... yet another 5 x 100 carat plus diamonds.

The problem is the lost opportunities that exist elsewhere, whilst you wait for LOM to get their ducks lined up.

Good luck

Zippy 1