LOM 4.35% 6.6¢ lucapa diamond company limited

Ann: Lucapa To Receive A$7.3 Million From Lulo, page-40

  1. 1,199 Posts.
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    Here is what my 2 cents on what can/will move the stock after today's announcement.

    An announcement detailing the sml p&l:
    Revenues less expenditure & showing free cashflow. This is the only way to value a stock, future cash flows/returns at an appropriate discount rate.

    We can't cheer or dismiss a distribution without knowing what percentage of profit/free cashflow it was generated from & the current position it leaves us in.

    I'm not sure why it seems so difficult for Lucapa to announce the results of sml, this would give an accurate position to value the company.

    On a side note, we can't really value the kimberlite source until we at least get a positive drill result, the value of such is purely speculation.
 
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