LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Lucapa Delivers Record Quarterly Diamond Production, page-15

  1. 2,307 Posts.
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    That's kind of how the market works.

    I am of the opinion that this is a poor investment choice by LOM's management, based on the parameters of the project, it's previous history and the variance between forecast recovery rates and actual rates of recovery from a price per carat perspective.

    To me, it has always looked paper thin, adding debt to the mix, with the rates attached, adds additional pressure.

    It's how we forecast and make investment decisions before the fact, not after.

    All ears as to why this mine is and will be a good decision and return capital to shareholders, state your case.
 
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