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LOM

2.33%

4.2¢ lucapa diamond company limited

Ann: Lulo Diamond Mining Company Incorporated-LOM.AX, page-113

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18/05/16

15:44

Post #: 17803244
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Originally posted by bungy234 ↑

King, my thoughts on current progress?

Yes, I agree it's slow, but I feel that our board has everything under control. I'm not prepared to share my thoughts just yet, as I'm waiting on a significant event which I hope will turn conjecture into facts. I will, however, highlight some points I feel are key events:

1) Delay in announcing the 404ct stone.
2) Distribution of funds from the 404ct stone.
3) Delay in kimbo drilling start-up.
4) Delay in application to extend kimbo license.
5) "formally signed-off on a new three-year kimberlite exploration program at Lulo"
6) "Lucapa has immediately committed to a US$7 million capital development and upgrade program at Lulo"

The last key event has me thinking that I'm on the right track.

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Kimbo partners agree to three years..Unusual because 1 is the norm,,,Suggests that they are happy with us and us with them...We commit to a further $7 mill spend

LOM Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $12.18M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$4.94K	120.3K

Buyers (Bids)

No.	Vol.	Price($)
1	7500	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	138576	3

View Market Depth

No.	Vol.	Price($)
1	50000	0.040
4	497871	0.039
1	60000	0.037
2	123111	0.036
3	381414	0.035

Price($)	Vol.	No.
0.043	138576	3
0.044	112000	1
0.045	38400	2
0.046	181600	2
0.047	124900	2

Last trade - 11.21am 11/10/2024 (20 minute delay)

LOM (ASX) Chart

Ann: Lulo Diamond Mining Company Incorporated-LOM.AX, page-113

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

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Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Cauldron Energy reports "excellent" uranium assays in latest drill run

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Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

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Ann: Lulo Diamond Mining Company Incorporated-LOM.AX, page-113

Top Stories

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

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NRW Holdings inks $109M deal with BHP for works at Jimblebar

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

Featured News

Buyers (Bids)

Sellers (Offers)

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