LOM 4.76% 4.0¢ lucapa diamond company limited

I'm a bit of a skulker on HC, but I was wondering what sort of...

  1. 686 Posts.
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    I'm a bit of a skulker on HC, but I was wondering what sort of expectation punters have on here if L259 is 'kimbo certified'?

    From the analyst reports and discoveries made thus far, it seems as though the site has real potential, but am I right in saying that at this point, no-one still has any real idea as to the valuation of LOM if the kimbo is confirmed? Obviously there are some other potential sites for LOM, but otherwise to me their alluvial operations seem to serve as a short term revenue source to give them time to investigate the diamond source.

    Just trying to assess my risk here. I mean is there some sort of expected value and if so, what would the SP look like?

    I am not a geologist/ramper/downramper/expert etc, just curious as to your expectations - worst case/best case if this scenario played out. Personally I am currently looking 2-3 years holding this with average of 0.39.
 
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