LOM lucapa diamond company limited

Ann: Quarterly Activities Report, page-3

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    During Q3 Lucapa received loan and dividend payments of US$0.7 million from SML and technical service
    payments of US$0.6 million from Mothae under the terms of the disposal agreement. The SML General Assembly
    held in Luanda in July declared a US$10 million dividend, of which Lucapa’s share will be US$4 million
    .


    Um, wouldn't a $US 4M approved payment to an $AUD 11M company be a material development, worthy of a separate announcement?
    Last edited by dangar: 21/10/24
 
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