LOM 2.38% 4.1¢ lucapa diamond company limited

2019 clock starts tomorrow

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    Most companies should be operating more or less back to normal tomorrow.

    2018, the year to forget, let’s put it behind us, also memory of Miles’ last purchase is fading fast, time to move on and look to the future. Many items of business, that didn’t make the cut late last year, are back on the agenda and looming large, only a couple of weeks to the end of the month and the December Quarterly, so expect a flurry of news, imo, between now and then.

    In no particular order, Lulo update, Mothae production, Brooking bulk sampling, % negotiations, JORC updates (Mothae and/or Lulo-alluvials possible), Specials auction in Luanda, Botswana go-ahead, Brooking 2019 exploration plans, actual repatriation of dividend from SML, etc. What have I missed out?

    One really important psychological factor is that, IMO, there should be no lengthy delay and part payments nonsense over our SML dividend as happened last time; this is important not only for LOM, and investor confidence in LOM, but also for Angola trying to attract foreign investment into the country. Our little dividend is a tiny sum in the overall scheme of things and it mustn’t happen grudgingly or, say, like pulling teeth - that would send the wrong signal to all parties, both participants and interested onlookers.

    B22.


 
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