LOM
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3.45% 6.0¢ lucapa diamond company limited

cr imminet , page-3

  1. repoman23
    2,165 Posts.
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    17/02/14
    19:01
    Post #: 12947353
    "they also need to continue drilling to get to 500 carats and that two will require more funds."

    Drilling has already been paid up-front, it is the main reason that the last CR was done. Bauer refused to wait for funds to be repatriated from the JV account so they raised cash so they could pay from the corporate account.
    LOM Price at posting: 21.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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