LOM mentioned in Far East Capital weekly below.......looking more positive....at 3.5c, a good bet IMHO.......GLTA
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm30Sept2023.pdf
Far East Capital Ltd - 30 September 2023Weekly CommentaryLucapa continuing with good kimberlite resultsLucapa Diamond Company (LOM) reported further good kimberlite sampling results last week, from the Lulo concession in Angola. In what was a rather low key release, it simply stated that seven samples were taken from three kimberlites. The best result was eight diamonds for 4.16 carats, from L440/01.To remind you, Lucapa has been successfully operating a profitable alluvial diamond mining operation at Lulo for a number of years. As good as this has been, the really big prize will be the discovery of hard rock, kimberlitic mines that could operate for many decades. Lucapa seems to be closing in on the source of the alluvial diamonds, having found 14 diamondiferous kimberlites of various sizes. We can now legitimately describe this as a new diamond field with obvious positive implications. It is not reliant on only one pipe and it may be that several of these pipes prove to be economic, depending upon further evaluation work. Thus, Lucapa could be looking at operating alluvial and hard rock mines for many years. The share price has performed like a dog, but operations are going well.
- Forums
- ASX - By Stock
- Ann: Positive Result in Lulo Kimberlite Bulk Sample (with CPS)
LOM mentioned in Far East Capital weekly below.......looking...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
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($) | Vol. | No. |
---|---|---|
4.4¢ | 112000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 240000 | 0.041 |
1 | 90000 | 0.040 |
4 | 537871 | 0.039 |
3 | 197211 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
0.047 | 124900 | 2 |
0.048 | 150000 | 1 |
Last trade - 11.08am 04/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |