LOM 3.45% 6.0¢ lucapa diamond company limited

Gut feelings, page-107

  1. 173 Posts.
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    - In 2018 LOM is a company owning 70% of a kimberlite mine generating roughly 100 mio. $ revenue per year for at least 10 years but with low profitability.
    - LOM owns 40% of an alluvial mine generating 50-100 mio. $ revenue per year for the next couple of years (personally I would guess 5-10 years) with high profitability, increase of revenue possible if processing capacities are doubled as planned
    - LOM is performing a drilling program on selected of 300 kimberlites with the chance to find an extraordinary source of diamonds. In my personal opinion if I look on the map I would roughly rate the chance to 50-70% to find the source, but yes I agree maybe it still takes years to find it and then takes years to build up the mine.

    Well you never know, maybe they find it tomorrow, maybe in 5 years. In the meantime I use the cheap shareprice caused by all the people expecting sensational news within weeks who are now disappointed.
 
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Last
6.0¢
Change
0.002(3.45%)
Mkt cap ! $17.40M
Open High Low Value Volume
5.9¢ 6.2¢ 5.8¢ $66.14K 1.103M

Buyers (Bids)

No. Vol. Price($)
1 333535 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 37599 1
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