Yes, but another key reason was that LOM would be positioning itself and building confidence prior to tapping London for development funds in the event of a commercial kimberlite discovery at Lulo, the Mother didn't exist, for us, back then.
I wasn't keen on going to London because of the expense and, generally, London players are going to be a lot smarter and sharper than we can compete with, we'd have been done like a dinner there.
I'm glad we didn't go to London but I can't see how the Mother and financing for it, played a significant role. I'm just hoping that the goal of identifying a commercial kimberlite at Lulo hasn't receded to the point where London no longer looks attractive. (Just joking.)
B22.
LOM Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
