from a long time ago I remember it goes something like this...
at least I think it's something along these lines...
Part of the revenue from alluvial diamonds would be used to repay Lucapa for various mining costs and after other partnership expenses the remaining amount would be distributed to the 3 partners, I assume probably in the ratio of their percentage so Endiama is probably only talking about it's share when it says it will go into the state coffers and the share going to Lucapa, which I think would be 40% of what is available, would then pay for overheads and also allow for expansion etc. and hopefully some net profit and dividends eventually.
I think that's it but if anyone else knows exactly, perhaps they will post it on this thread.
LOM Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
