LOM 2.33% 4.2¢ lucapa diamond company limited

Ann: Trading Halt, page-65

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  1. 359 Posts.
    I don't think the BOD would have much of a choice in offering to long term SH in the current market conditions .
    Funding especially, diamond mining /exploration is very high risk and so there would not be much of a choice(if any ) in regards to the conditions and the institutions used of raising the capitol (unfortunately for us) .
    I do have confidence in our managment its just going to take time , and the fact that we have only started mining a few months back and was meeting our targets up until the last month , i think has been exceptionally well .
    Yes we have had had set backs ,and there always will be something or another , but for me personally its a long term investment which i know eventually will pay off .
    I hope the LOMOs do get in , and if they do i think we could see a sharp rise in there value , so once again exiting times , high risk /high reward , but longer shelf life ….

    GLTA
 
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