Completely agree Kingy.....Sounds like a whole lot of fluffy BS!
I am hopeful though that the lack of substantial announcements recently was due to the delay in documentation approval, and that with the alluvial mining licence agreement in place we will see some 'unexpected' diamond updates!
However, if we do not get a substantial announcement by weeks end, then I will be lightening my holdings to invest elsewhere.
I just seem to be getting the feeling there is a strategic approach by the BOD to only do enough to enable the next requirement to get passed (their 'performance incentives' are next), and there is little going on behind the scenes that really promotes new investment which is the only way to get the share price to increase.
The clock is ticking!
Ann: Lulo Diamond Mining Company Incorporated-LOM.AX, page-15
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