LOM lucapa diamond company limited

Ann: AGM Presentation - Fast Growing Diamond Miner & Explorer-LOM.AX

  1. 2,191 Posts.
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    Some great information in this presentation, unlike many previous presentations, lots of new/clarified information as well.

    Highlights

    - State of the art XRT recovery technology on the way, in use at Karowe and Letseng.
    - New process to be able to recover diamonds up to 1100 cts, tailings to be re-processed when it arrives
    - LOM to get 50% of SML revenues until debt repaid, rest to be distributed to all holders as a dividend
    - Discussions advanced to increase holding in SML

    Good stuff
 
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