You know I always have a view looking on both sides of the medal, always a bit influenced by my personal holding whether I see the glass being half full or half empty.
2.9MA$ in my opinion is not really much after more than 8 month. LOM needs the dividend and repayment of the loan to pay it's costs outside of Angola, mainly the HQ and new explorations/building up new infrastructure. So for this it rather sounds poor to me.
The really good news is that further repayment of the loan does not need individual authorization of the national bank. By the way I was not even aware that Angola has limitations in that direction but most likely quite usual for an African country.
You know I always have a view looking on both sides of the...
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4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
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| LOM (ASX) Chart |