diamond news, page-5348

Lomers...AR for Dec2021 should be out any day....last year it was released on 26/2......With the pay out of New Azilian debt in 4 days time.. thats Ross Stanley gone from the balance sheet. Mothae has been paying down the IDC debt of $6.8 million. i understand that of the 8 qtrly payments which started last July...we have 5 to go. Equigold debt of US$4.7 mill will see Qtrly repayments start this October, At $US !.2 mill a payment and the cash flowing at LOM...should be a snack. (keep in mind Simon Lee has the right to take the last 2 payments in stock) Lastly, I'm confident that NAIF will be falling over themselves to fund Merlin...it ticks all the boxes. so where does that leave us?...all of a sudden, LOM balance sheet is looking tidy...and we still have that capital return from Angola to bank. Lom appears to be trading at a 20pct discount to NAV and has the blue sky of a potential kimbo find. Least line of resistance for this Share Price is UP!!!