LOM 2.86% 7.2¢ lucapa diamond company limited

Angola is a financial mess . Heavy government dependence on oil...

  1. 300 Posts.
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    Angola is a financial mess .

    Heavy government dependence on oil revenue - at US$ 40+ / barrel there us not much joy or income for the government. The government will eventually turn their eyes to LOM and diamonds . I don't care how smart the management of LOM is the Angolan government will increase taxation and levies on the sale of mined diamonds and LOM will - for all their work and efforts finish up with nothing!

    LOM should mine as cheaply as possible with second hand equipment and repatriate as many diamonds and cash as possible; before for the government decided to ' raid the LOM bank'.
 
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Last
7.2¢
Change
0.002(2.86%)
Mkt cap ! $20.30M
Open High Low Value Volume
7.2¢ 7.2¢ 7.2¢ $8.157K 113.2K

Buyers (Bids)

No. Vol. Price($)
2 51000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 226161 4
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Last trade - 10.04am 25/07/2024 (20 minute delay) ?
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