LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Mining Indaba 2019 Presentation, page-10

  1. 9,397 Posts.
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    Sure, the US$5.6m attributable to LOM is 70% of the free cash distribution as per the agreement. That is US$1.6m in the form of a 40% share (LOM's sahreholding% of SML) plus US$4m loan repayment. The remaining participants ('partners', as they are referred to in the announcement) received $2.4m to share between them, depending on their individual % shareholdings in SML, which I've now forgotten.
    B22.
    Last edited by Bagman22: 04/02/19
 
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