LOM 2.38% 4.3¢ lucapa diamond company limited

Ann: Loan Repayment Received Following Repatriation Approval, page-8

  1. 13,188 Posts.
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    Yep, never in doubt. It’s a good day for Lucapa shareholders.

    The Angolans have always come good on ‘promises’.

    This latest loan repayment has attracted worldwide interest, highlighted by the recent discovery of The Lulo Rose, and the result will no doubt help the Angolans in attracting foreign investment.

    Wen it comes to diamonds there is no better real estate than the Lucapa Graben. The majors know that but there has always been a bridge due primarily to the risks in investing in Angola. Today’s announcement will go a long way in narrowing that gap.

    Whatever The Lulo Rose sells for, we should get a big chunk of the proceeds and pay day should come quickly!!!
 
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