LOM 1.52% 6.5¢ lucapa diamond company limited

ann: Brooking Diamond Project, page-19

  1. 3,027 Posts.
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    I have to say i see this as a posative,our bod would not aquire this concession without being confident of its potentiall,plus the mention of field samplings results out this month sounds nice to me,location is good,it reduces risks asscociated with one concession or mine,and we own 80% for which we paid peanuts,as the 53c exersice price on options is more than our cash out lay,of course it means some dilution on lom holders,but like i said with so much work to be done on lulu,and costs asscociated to this,i doubt they would purchase this unless they knew lom has the goods,I got a feeling that this xmas will be a beauty.gltah.
 
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