LOM 0.00% 6.7¢ lucapa diamond company limited

diamond news, page-5471

  1. 3,762 Posts.
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    Why rush the process?

    Cash shouldn't be a problem with regular repatriation of funds in the form of debt owed - $6m received in just over a month. 3 100+ carats found in the last month from Lulo should generate some nice returns. Funds needed for Merlin no doubt that's a way down the track.

    Lulo flying, but clearly Mothae could be an issue. More affected by input costs and labour, inflation etc through the roof. Would be no surprise if it was bleeding money.
 
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