LOM 4.35% 6.6¢ lucapa diamond company limited

Lom Breakout?, page-123

  1. 4,840 Posts.
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    Mining and Exploration
    07/07/2016 15:02

    Stephen Wetherall, CEO of Lucapa, said discussions were underway with partners Rosas e Petalas,
    a private Angolan company which has a 28% stake in the mine,
    and Angola’s state-owned diamond company,
    Endiama (32%). Endiama is considering either a cash sale for part or all of its stake,
    or a swap of its stake for equity in Lucapa Diamonds.


    Do Endiama need money ?
    Will Rosa will swap for shares ?

    believe this will be enough to get a controlling interest ?

    glt lommers
 
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