History shows that even if they found loads of diamonds the shareholders get nothing ! Look at the history of all great LOM actual diamond findings - we never got anything out of that - all proceeds went do directors etc. It is a suckers' model of the business - parent company gets the cash, LOM gets nothing. Share price movement is another story - can go wild either direction. But business from LOM perspective is worthless. Got burnt once on LOM and for me it is enough
Ann: Lulo Kimberlite Exploration Update, page-74
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