LUM 0.00% 2.3¢ lumacom limited

re: lum shareholders down the plug hole Most of your info is...

  1. 111 Posts.
    re: lum shareholders down the plug hole Most of your info is accurate Mickeyboi, in the most recent post, apart from the following 3 parts:
    1)Lumacom will not get US$1mill/yr from Turkey - they will get half of this amount
    2) The $220k/month operating expenses does not, as far as I'm aware, take into consideration the considerable expenses now associated with the 4TS sign. They being, rent to Durst, insurance, electricity, maintenance, etc. It has been indicated in the past by Lumacom that operating expenses at 4TS are around $60k/month (not sure whether USD or AUD) and also not sure when these payments began.
    3) Also not included in current operating expenses are those associated with Turkey.
 
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