LOM 7.62% 9.7¢ lucapa diamond company limited

Lulo loan repayment

  1. 1,229 Posts.
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    It's now 7 months since the SML dividend and loan repayment was announced, and we are still waiting for the USD 10M loan repayment.

    How long does if take for the Angolan's to audit the books and authorise the payment?

    IMO, this absurd length of time really indicates that Lucapa has no clout when it comes to Angola. LOM should have been exerting maximum pressure on this issue months ago.

    Cash reserves must surely be getting a little low.

 
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