LOM
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0.00% 6.5¢ lucapa diamond company limited

Ann: CEO's AGM Presentation, page-2

  1. CatmanRules
    2,024 Posts.
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    28/05/24
    11:46
    Post #: 74042047
    Lulo Kimberlite JV
    Minerals Investment Contract update
    3
    • Negotiation has occurred for Lucapa’s stake to increase to 51%
    • Lucapa has requested the formation of a negotiation committee to
    formalise the documents
    • Need Angolan Dept of Finance approval to carry over previously incurred
    exploration expenditure into new MIC so it is repaid to Lucapa
    • Application has been lodged to extend the current exploration licence
    which expired on 2 May 2024. The Angolan Mining Code allows for two
    extensions of one year each. Approval has been received.
    LOM Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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