Lucapa's Market Cap, page-5

Originally posted by JawDropper
Lucapa's MC is currently sitting at approx 100 million.
Do you think that is a true 'current' value?

How do you value Lucapa as it stands?

Basically number of share issue x SP = MC,
so is MC and SP currently correct value???

What ya reckon?​

I think we are fair value at the moment for one reason. LOM are at the stage where we are going beyond speculation and moving into the territory where the market requires proof...of anything!

Lulo aluvials are self sustaining if we ever get any money out of angola but will we find the source and will it be huge like we hope?

Mothae has begun production but will it out perform like we hope?

Brooking is looking fantastic so far but the odds are always against finding a commerical pipe. Even if it is commecial will it be the next big thing in oz like we hope?

Botswana is a total unknown. It is in prime territory but we all know how long it takes to explore and prove up virgin ground. If we find something will it be awesome like we hope?

The market cap is fair for where are at this stage...but it completely ignores the future potential which will reveal itself soon.

Lots of hopes and many qustions without answers at the moment. So the market has spoken. Until some answers are given we wait.

But what do I know I'm just a guy on the beach with his dog

GLTAH
HOTYH