LOM 0.00% 7.2¢ lucapa diamond company limited

FYILOM update in Far East Capital's, latest Newsletter "Sound...

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    FYI
    LOM update in Far East Capital's, latest Newsletter

    "Sound fundamentals
    In 2022, the projects managed by Lucapa earned revenue of A$149m and EBITDA of A$45.6m. Its share of EBITDA was A$14.9m and it was repaid A$18.6m in debt. This constitutes success in any language. Blue sky appeal balances out the prospects for the Company as it continues to evaluate the new kimberlite diamond field from which the alluvial diamonds have been sourced.Footnote: There have been press reports that WD Lab Grown Diamonds has just filed for Chapter 7 bankruptcy in the USA."

    Link to Full extract:
    http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm14Oct2024.pdf

    GLTA!
 
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