LOM

11.1%

4.0¢ lucapa diamond company limited

The powers that be, have the ability, through the new mining...

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P87

5,035 Posts.

14/10/14

17:36

Post #: 14124070
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Originally posted by NewToItAll ↑

We are already aware that LOM only owns 40%, who owns the other 60%... in some way or form, I'm sure it gets their share to the powers that be. That is not what is being discussed.
What is being discussed is a Foreign company holding a claim that COULD be worth billions, and that if a commercial Kimberlite is proven will seriously challenge the big players in the Diamond industry. we are discussing the security of the investment in our 40%, we are talking about getting that investment to mining stage, we are talking about getting papers to reassure that our investment is long term and not just as long as the Exploration Permit.
THAT is what we are talking about.
And thus, if LOM have followed all of the steps and paperwork, then Angola will need to be seen to be also following the steps and paperwork, to reassure the international community that foreign investment in Angola is safe!

Now, if there starts to be problems regarding our 40% stake... that is when things become a problem again.
But as it stands, the powers that be should have enough of a stake through their holding companies to keep them satisfied and just follow the paper work.

All in my opinion.

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The powers that be, have the ability, through the new mining code, to simply take any project they deem "strategic".

LOM Price at posting: 40.0¢ Sentiment: Sell Disclosure: Not Held
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The powers that be, have the ability, through the new mining...

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

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The powers that be, have the ability, through the new mining...

Top Stories

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

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