LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: A$8.8M from Lulo and Mothae Diamond Sales, page-2

  1. 15 Posts.
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    Correct me if I'm wrong but this single sale is worth 11.5% of the LOM entire market cap. If this was a company making and selling widgets the market value should be much higher. I know everyone is waiting for a commercial diamond pipe to be discovered but isn't that what Moathe is? And Lulo is a commercial diamond field that will yield widgets for (I read somewhere) the next 30 years. This is a safe investment with a huge upside if/when the Lulo source of diamonds is found.
    IMO.

 
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