LOM 4.76% 4.0¢ lucapa diamond company limited

If De Beers and Alrosa are seriously looking at expanding their...

  1. 674 Posts.
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    If De Beers and Alrosa are seriously looking at expanding their operations in Angola it would cheaper and quicker for them to attempt a takeover of LOM at $1.50+ instead of spending 5 years or more to get to the stage we're currently up to. They would also have the funds to bring the kimberlite into production fairly quickly. I believe the company would be doing their very best to add as much value as possible to the company before our first takeover comes.

    I think it's a matter of when not if they come knocking. The longer they leave it the more they will have to pay which is good for us!
 
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