ann : lucapa to apply for dml, page-25

thanks for the response sellmo

i dont sense the sovreign risk to the extent others may

rio were in the bid to get LULO and it was offered to LOM as the preferred exploration company

the project has had significant exposure as a result of the serious quality of the stones found to date and i think this may be of some comfort to LOM shareholders knowing that the broader diamond world has close eyes on this. if the Angolan government want to be what they are saying they want to be then this is their chance to show it.

not to mention miles standing on the soap box at any given opportunity - including indaba.

i would suggest that the sovreign risk is less than what it was 6 months ago - significantly less

they wont be kicking LOM off the lease