ST,
I think we have all over reacted in a very dramatic fashion!!! At last years GM in December we were all very excited about the diamonds being discovered etc etc etc
Just had a look at Angola weather and what did I find....RAIN STORMS ETC
There is no rush for Lom to find the necessary funds!!
The following quote from the last quaterly really bothered me-'The average rainfall is 1,500mm with most precipitation during the wet season from
October to April.' LAST YEAR WE WERE LUCKY WITH THE WEATHER, NOT SO THIS YEAR!!!.
I'm hoping that Lom has completed BK 4 and BK5 before the weather turned bad!!!
As usual we know stuff all. I hold to the Lom axiom... Lom delivers eventually.
I suspect that the Chineese would have provided the finance at a price and that Biff has something better up his sleeve.
As always I maybe WAY TO optimistic...we'll find out in the next quaterly due in a couple of weeks!!!
questions i hope they answer at the agm, page-37
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
View Market Depth
| Last trade - 11.08am 04/10/2024 (20 minute delay) ? |
| LOM (ASX) Chart |