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9.52% 3.8¢ lucapa diamond company limited

Ann: Recovery of high-value 176 carat diamond from Lulo, page-33

  1. dangar
    5,020 Posts.
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    31/07/24
    09:21
    Post #: 74995302
    That would be a natural consequence of suggestion #3 - Record consecutive years of operating profit.

    (Hopefully the fact we are now debt free will contribute to that outcome, but the fact that SML are also debt free to LOM will not assist profit as we only get 40% of the SML free cash flow now, instead of 70%.)
    Last edited by dangar: 31/07/24
    LOM Price at posting: 7.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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