It is getting pretty obvious now that that the share price is not going to move until:
1. They can improve the ownership percentage in Angola (wasn't there talk of that many moons ago)
2. They can find the elusive kimberlite pipe.
Or are the two linked in some way................
Otherwise all funds received simply go back into exploration and keeping the existing operations going.
Not really the ideal story to bring new people in as it has been that drawn out that many shareholders have gotten out already.
I think I said 12 months ago I would give it 6 months!
I think I said 2 years ago I would give it 12 months!
Ann: A$8.8M from Lulo and Mothae Diamond Sales, page-10
Add LOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155809 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 157173 | 1 |
View Market Depth
| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
Day chart unavailable