LOM 0.00% 6.7¢ lucapa diamond company limited

Ann: Resources Rising Stars Gold Coast Conference Presentation, page-29

  1. 9,788 Posts.
    lightbulb Created with Sketch. 3485
    lol im loving that they talk about ounces of profit gold vs diamonds - if thats any indication they dont yet quite understand how to talk to pro investors.
    or they are just retail baiting.

    by that logic the big gold producers are monstrously undervalued vs RIO or BHP etc

    the company is significantly undervalued. but they wont help it up with that kind of shlock

    what the market wants from them is a rational outline for ramping mothae revenues - to add to the frisson around lulo elephant hunt

    i dont think market will price in much for a lulo alluvial ramp up - they get little benefit with cash not coming back - and find it hard to see in the numbers. everything about lulo is discounted for the sovereign risk and the 40% - unless its a monster in which case mindset flips and 40% is seriously worth having


 
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