Worth remembering that SML has zero obligations to pay lom(or any other partner) any money until there are free profits available(as in all business scenarios). In business reality its not a companys duty to fund or pay shareholders bills or exploration ventures. Thats loms worry. Not SML's. But in this instance all SML SH need a cash injection from time to time. Thats the only reason we will get these "special dividends" approved. The more exploration SML handles the better imo because it sets a precedent for when the major money is required for a kimberlite hard rock mine... only a matter of time before both alluvial and the future kimberlite mining licences are held by SML. But i agree it could be explained a little better by management to lom SH.
Also, last update on mining or exploration at lulo was 28th October.. surely an ann is well overdue? XRT and contractors drill been running a while now.. ???
- Forums
- ASX - By Stock
- LOM
- Lucapa offers diamond investors a new chance
Lucapa offers diamond investors a new chance, page-83
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $9.799K | 243.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 61992 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 112000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 61992 | 0.040 |
3 | 477871 | 0.039 |
1 | 60000 | 0.037 |
2 | 123111 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
0.047 | 124900 | 2 |
0.048 | 150000 | 1 |
Last trade - 12.50pm 09/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online