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LOM lucapa diamond company limited

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linear

1,532 Posts.

664

30/04/25

10:52

Post #: 78856747
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Originally posted by dangar: ↑

Unfortunately the cost of sales + admin costs over the past 2 full years for SML has been around the $50-60M mark, so assuming those costs are fairly constant, still looks like there's a bit more improvement to be had to get back to profitability. Given that revenue included the 'specials' held back from Q4, it might be another year or two before another profit is reported.

It does seem like the 100+ ct rocks have been a bit sparse lately, and they account for a significant proportion of revenue. Take them out and the Run of Mine sales would not be at all profitable.

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Any charting experts out there following LOM?

The offers on market above 1.9c look pretty thin. Things could get interesting if we start to see some interest from buyers.

LOM Price at posting: 1.6¢ Sentiment: None Disclosure: Held
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