They are doing a good job in that environment... We are talking Africa.... People.... Not OZ or Canada... At least they are making money... 8 mil aud a pop is nice dosh in anyones language...
As for SP... Well look around.... The Aussie market is a wank and it is poxed with all the black money floating around and with the rise of the machines... The machines and their algos will eat up anything green.. Nothing is left for other players... Mum and Dad investors... They have no chance...
LOM SP will rise with any take over moves... For now it would be sold down.... It should be around 60c if valuations were anything to go by...
I continue to accumulate on the basis that if these big rocks continue to pop out of the ground... The big boys will move in and pay us fairly...
The future never looked brighter for LOM.......
Ann: Lulo Special Distribution, page-62
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