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6.35%

5.9¢ lucapa diamond company limited

Ann: Consolidation/Split - LOM, page-17

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delboy007

4,831 Posts.

974

26/01/24

13:27

Post #: 72079804
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Originally posted by Bagman22 ↑

In his recent video interview, Nick made it clear that Lucapa is not contemplating a CR any time soon, for good reason - they don’t need one. They’ve curtailed the grand plans at Merlin, and have multi-millions $$ due to flow into the coffers in the coming months.
This consolidation will put the company in a much better light, when the worm turns.
The more I’ve thought about the proposal the better I like it. Out with the old, in with the new. Shareholders’ fears of a repeat of the usual outcome of consolidations, will only come about if we get more of the same that’s happened in the last several years and got us to this point.. I’m sure Miles, Ross, and Nick have something better in mind for their, and our, investments.
Happy Australia Day!
B22.

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One CR is already done
$8m sale of Mothae stones to Graff
And the loan back to Mothae completed..

They also said they want Merlin up and running soon , cost of course not mentioned but $90m start up was.
So another CR needed to do this , say $30m just to start ?
Then.
Lulo if/when kimbo is finally "Discovered"
And if thats not enough
Brooking sampling ?
Botswana drilling ?

Hopefully Lee, Ross and Mark Clements
can do what they done with EMR.

Copybook so far.

Glta

LOM Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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(20min delay)
Last 5.9¢		Change -0.004(6.35%)		Mkt cap ! $17.11M

Open	High	Low	Value	Volume
6.1¢	6.4¢	5.9¢	$15.13K	251.1K

Buyers (Bids)

No.	Vol.	Price($)
1	4692	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	66501	1

View Market Depth

No.	Vol.	Price($)
1	4692	0.059
1	50000	0.058
1	50000	0.057
1	56620	0.053
2	20000	0.050

Price($)	Vol.	No.
0.063	66501	1
0.064	111428	1
0.065	51083	2
0.067	5450	1
0.069	42000	1

Last trade - 14.23pm 27/06/2024 (20 minute delay)

LOM (ASX) Chart