As per announcement dated 7/12/2023:
“US$10.1M IN LULO DIVIDENDS AND LOANS APPROVED FOR LUCAPA
Key Highlights
US$5.6 million (A$8.5 million) dividend declared to Lucapa
US$4.5 million (A$6.8 million) loan repayment from SML to Lucapa approved
Lucapa Diamond Company Limited (ASX:LOM) (“Lucapa” or the Company is pleased to announce the shareholders of Sociedade Mineira Do Lulo (SML) have approved a dividend of US$14 million.
Lucapa’s portion of this dividend will be US$5.6 million (A$8.5 million) with an initial payment of US$4 million (A$6.1 million) expected during Q1/24 and the balance to follow in H2/24.
Additionally, a US$4.5 million (A$6.8 million) loan repayment was approved which is also expected to flow during H2/24 and this will expunge the Lulo Alluvial development loan owed to Lucapa.
For and on behalf of the Lucapa Board.
Nick Selby
Managing Director”
We’re halfway through “Q1/24”, right?
So, based on the above announcement, we can expect to receive A$6.8m loan repayment by the end of next month.
That said, the last quarterly only mentioned that the loan repayment and dividend will be paid to us this year.
- Forums
- ASX - By Stock
- LOM
- diamond news
diamond news, page-5760
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $25.44M |
Open | High | Low | Value | Volume |
9.1¢ | 9.1¢ | 8.7¢ | $13.22K | 149.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32522 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 19999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32522 | 0.087 |
1 | 250000 | 0.086 |
2 | 157000 | 0.085 |
2 | 52000 | 0.080 |
1 | 7048 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 19999 | 1 |
0.091 | 59934 | 1 |
0.096 | 10000 | 1 |
0.098 | 4320 | 1 |
0.099 | 26000 | 1 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
Last
8.9¢ |
  |
Change
-0.002 ( 3.26 %) |
|||
Open | High | Low | Volume | ||
9.0¢ | 9.0¢ | 8.7¢ | 85659 | ||
Last updated 15.44pm 16/05/2024 ? |
Featured News
LOM (ASX) Chart |