LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: A$8.8M from Lulo and Mothae Diamond Sales, page-6

  1. 9,397 Posts.
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    Not a bad day to have a lie in! I didn't miss any excitement but still woke up to a pleasant surprise, all wheels still on and tyres pumped-up ready to roll over at LOM.
    One day this is going to pop, f/y 2019/2020 is our year, IMO, and it's starting to happen. There are still a few catalysts in the wings, revised JORC at Mothae, the BoD's new exploration strategy and the downstream value adding at Lulo, plus increasing activity all round, ought to lead to a re-rate and take us back to happier times. We should be cashflow positive already, when the figures are worked out.
    It's all starting to take on a different feel for me.
    B22.
 
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