LOM 2.86% 7.2¢ lucapa diamond company limited

LOM to Move On . ., page-34

  1. 10,501 Posts.
    lightbulb Created with Sketch. 2084
    IM more nervous about the lack of Kimberlite bulk sampling as it will not take long for the best targets to be flooded out from a approaching wet season.
    No news on Kimberlite bulk sampling and money being needed for Mothae will put enormous pressure on the share price and with another potential 9 months to wait or more for Kimberlite bulk sampling the share price could easily fall well below 20 cents and head for 10 cents.
    Once the wet season hits there is really nothing super positive but cash burning and cash raising that most probably will be announced.
    This is not looking good at all in my opinion.
 
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