Hi all ,
From the last ann..
"With the US$15 million loan funding for the Phase 1 development
secured, the Lucapa Board has decided not to pursue the AIM admission".
It was to my understanding that one of the main reasons for listing on LSE was to attract institutional funds not only for project funding but in tightening the register and creating and sustaining sp value .
The board have always acknowledged this , so for them now to decide not to go ahead with AIM listing ,one would think that the board are confident to resolve those mentioned issues for reasons that they know …?
looks good to me , they obviously are feeling confident going forward that they no longer need to chase after the insto funds , and instead they will come to them .
just my view , how do any other lth see this ?
Ann: Mothae Financing Update, page-64
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
View Market Depth
| Last trade - 11.08am 04/10/2024 (20 minute delay) ? |
| LOM (ASX) Chart |