LOM 0.00% 7.2¢ lucapa diamond company limited

Ann: Consolidation/Split - LOM, page-81

  1. 9,397 Posts.
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    To even get to the stage of a consolidation, you have to have a long run of ‘failure to achieve’, in many companies that failure continues and the promise of the consolidation is lost. Should we call it failure, in this case, though? I think not, there have been many stunning side-successes, but LOM just hasn’t yet nailed down a commercial kimberlite. If it does, watch out above. We may have feelings of frustration, just as management themselves must suffer from, but I don’t think any part of it comes under the heading of failure.
    I’m still prepared to back it, and look forward to what 2024 may bring for the company
    B22.
 
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