LOM
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3.03% 6.4¢ lucapa diamond company limited

Kimberlite Joint Venture Percentage

  1. mangy
    231 Posts.
    lightbulb Created with Sketch. 18
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    27/07/18
    15:21
    Post #: 34597106
    Came across this corporate structure in a 31 July 2012 investor presentation. It mentions that LOM's interest in the Kimberlite joint venture reduces from 39% to 30% after costs have been recouped. The 9% goes to Rosas & Petalas.

    I haven't seen this footnote mentioned in recent material.
    Does anyone know if this arrangement has changed?

    Does LOM stand to earn 39% of profits from the mother load or only 30%?

    Thanks
    LOM Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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