LOM 0.00% 4.5¢ lucapa diamond company limited

I know I am always one of the shareholders looking for the fly...

  1. 181 Posts.
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    I know I am always one of the shareholders looking for the fly in the ointment. At the end the Lulo payments to Lucapa are the major source of funding for Lucapa. I am not quite sure but 10MUSD hopefully are enough to fund Lucapa in 2024. I know there is also a little bit of income from Mothae but this is not much and also not stable (the year before it was even a capital need from Mothae). Good news is that we are debt free so we don't have to pay any interest or repayment of loans. So I really hope that this money is mostly sufficient to cover the Lucapa costs in 2024. Looking a bit further into the future this was the last repayment of the SML loan. This means that as of 2025 we only get 40% of the profit of Lulo. So midterm I am again afraid of a cashfloew issue. Well, it's still more than a year so a lot of things can happen but we are still far away from being sustainably profitable and still we have to see how to generate enough cashflow to cover the costs.
 
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4.5¢
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Mkt cap ! $13.05M
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0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 220 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 13956 1
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Last trade - 16.12pm 30/08/2024 (20 minute delay) ?
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