think AK has done woeful job on this. totally destroyed...

think AK has done woeful job on this. totally destroyed shareholder wealth by halving the share price to $0.02 to raise a meager $2m.

My personal view (unsubstantiated) is maybe NS was looking after shareholders, and was trying every way not to CR at such pitiful values, to the detriment of his personal health.

AK then took the simple route by raising.

not sure what can save LOM now. the way I think:
1. Angola - high risk
2. management - high risk and without experience
3. industry - outlook is horrible

I'm just putting it out there. I still hold lots of shares in LOM - more than 2m shares, and it's from early days not from $0.02 days. so gutted - just the same as literally every shareholder here.

not selling because am hoping this is the low. but with LOM, who knows?