LOMO, page-93

Considering the financial position the company is in at the moment,the lomo options are now very high risk in the short term over the next few months as the share price may stay well below 30 cents until regular diamond sales start to happen.
IM not sure if people really realise the seriousness of the current financial situation,the only way lucapa can keep lulo financed at the moment is to use up just about all the corporate account funds leaving little to no money for corporate expenses.
The US15 million bridging finance if approved is for the running of lulo,not corporate expenses and it probably will be many months before any funds from the newly formed company can be transferred into the lucapa corporate account from mining profits.
Funds from another diamond parcel sale for expenditure at lulo only,could be two months away.

So the point IM getting at is where is lucapa going to get funds from for corporate expenses?
A small cap raise?
A bank overdraft or loan?
However lucapa raises the funds for corporate expenses it very well may result in a share price in the low to mid 20s and a option price of 2 to 3 cents.
IM sorry to say it,but I think there is going to be a lot of pain for option holders over the next month or two unless a significant announcement on the positive side can change things.