Ann: Lulo Diamonds Sell For A$14.5M, page-8

dont get the point of the post. if you only just discovered LOM is negative cashflow im stunned.

prospect for cashflow breakeven is better now than any time in past 3 years thanks to mothae outperformance

Lulo alluival was only ever likely to be self-funding its own exploration since LOM's ownership got watered down by a Kevin rudd style angolan govt that ate half the cheese

its main worth is to fund finding the source pipe. 40% of that would be worthwhile

thats why set up Mothae.

good execution of which is only reason im now back ion the stock.

LOM arguably has to post those diamond sales because they are material events - though now that they are becoming common i would stop it if i were them.

it doesnt do co. reputation much good as it can look like retail bait.