LOM 0.00% 6.7¢ lucapa diamond company limited

Bring on 2018, page-115

  1. 10,491 Posts.
    lightbulb Created with Sketch. 2084
    Should see some decent money come in from the next diamond sale as there is a couple of nice stones included in the next sale.
    Was thinking maybe another US5 million coming that will be included in any decision to make a distribution to the partners.
    I think the partners will want to hold onto around US10 to US15 million in the account then distribute the rest.
    The next distribution is very important as it will mean Lucapa will be able to pay for administration and exploration for a bit longer before the next cap raise.
    In the short term the share price is very weak and appears is about to test 22 cents again ,may see 20 cents before the next diamond sale.
 
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