Im also not so sure lonrho africa will take up any more shares in lom. I have mixed fealings about it and would prefer the 3 months to run out with say just another 2 mil raised then lom hits the jackpot and recovers a batch of large diamonds in one of the next bulk samples of even better some of the initial kimerlite sampeling shows diamonds. At this point in time kimberlite exploration is going to be slow if not stoped altogether for arround 4 to 6 months,so its the alluvial sampeling thats going to matter during the wet season. Wouldnt it be great if we end up with less dilution and a higher sp due to good alluvial grades and larger diamond finds? Plant upgrades could see some excelent results over the wet season regardless of the gravels being wet due to the plant improvments. Both results are great,more money and shares,more drilling.Less shares and good results,a higher share price.
LOM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
