LOM 6.67% 5.6¢ lucapa diamond company limited

Ann: $12.5 Million Institutional Placement, page-10

  1. 1,305 Posts.
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    This in no way reeks of desperation.

    Also the precedent has been set with repatriating money from Angola - the last ~ $5m was received pretty quickly.

    A big chunk of this raise is slated for Lulo kimberlite exploration at Lulo - presumably reducing the amount of cash to be repatriated from Angola.
 
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