I think you'll find that they passed legislation where all buying and selling of Angolan diamonds is to go through the state-controlled diamond marketing company, SODIAMA. That type of regulation, along the Kimberley Process Certification Scheme, were introduced to help eradicate the illegal trading of diamonds and exploitation of indigenous people.
We should also remember that LOM has limited ownership/control over the alluvial and kimberlite projects.
LOM Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
