So the latest sale for Lulo did not include the 46 carat pink, but no mention of the 130 carat Lulo diamond? Presumably that means it was included in the sale.
Similarly with Mothae - they withheld a 36 carat D colour stone, but no mention of the 126 carat diamond reported in the quarterly - so that too, must have been sold. Presumably also not a high quality diamond.
So the only special held in inventory for Lulo is the 46 carat pink, while at Mothae they are holding the 36 carat D coloured stone and 64 carat Type IIA D coloured stone.
It has been unusually quiet this year on the recovery of specials from Lulo. Hopefully the scaling up of activities will soon change that.
LOM Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
