Today’s update is certainly the first time we’ve seen a glimmer of light in the MIC tunnel.
I can’t imagine that the committee will conclude anything else but a recommendation to the Angolan government that Lucapa should receive a majority 51% stake in Lulo primary diamonds.
We’ve remained in Angola for a period which had seen the departure of the powerhouses, DeBeers and BHP.
Whilst De Beers has returned, we’ve stuck it out through thick and thin!
LOM Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
