LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: 160 Carat Diamond Recovered at Lulo, page-63

  1. 781 Posts.
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    It could fetch up to 100m, but will probably take 18 months for cutting and polishing, then you will have to wait for SML to declare then pay the dividend.

    In the meantime, you will need a 'haematologist', cause mothae is bleeding LOM dry. 16m in cash sep'21 down to 4.5m in jun'22.

    If only you still had the cashflow statements, you wouldn't get blindsided. Even the comments about SMLs cash position have disappeared from the quarterly activities statements... go figure
 
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