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Warwick Grigor’s 2024 stock picks (* link below)

” Grigor says.Lucapa Diamond Company (ASX:LOM): “I think that’s got tremendous upside both from earnings from the diamond mines and exploration potential,” Grigor says.“Lucapa’s capped at $50m but the money owed to Lucapa by it’s joint venture partners exceeds its market capitalisation.“They’re getting a loan repayment of $15m over the next six months, which is about 30% of the market cap. And after they announced that there that they sold four very bid diamonds and their attributable share of that is $10m.“So it’s a company which is almost totally derisked, the financials look amazingly good but the market hasn’t woken up to it yet.”Warwick Grigor’s 2024 stock picks

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