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clock Created with Sketch. 25/05/23
10:40
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Originally posted by unawares:
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Looks to me like the repayment of loans to LOM is being used to pay down debt, which is good. I do not think the loans made by LOM to the Angolans are interest bearing which is a shame (happy to be proven wrong) as we have suffered dilution and taken interest bearing loans to continue operations. However, if the relationships have been built and a higher % ownership of Lulo is forthcoming then this will have been a good investment.
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It doesn't feel like that long ago I was dismayed by a share price under 30c.
