Time to formulate a strategy re LOM. Sell at 1.6c, don't think so. For me, I'll sit back and wait for the CR and take up my entitlement. Cast your mind back to 12th Nov. 2010, the SP rocketed over 50% on the announcement of one 15 carat stone. That's the time to exit LOM if you wish.
Diamond stocks are driven by emotion not logic, sell when the day traders are crawling all over it. I still believe the resource potential is enormous.
Alternatively Miles Kennedy could convince his missus to empty her jewelry box down one of the potholes, that should have the SP up over $1.00, that's the least he could do!
lack of disclosure spells the end of lonrho? , page-7
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