Is there any chance they are only raising $5mil as they have been finding more diamonds in the gravels and think they will be a chance of having a licence and being able to sell them by the time the money runs out?
Is hard to know what to think with this company have they been doing anything at all for the past 2 months? As a spec stock it still has some good up side potential so will remain a holder for now but if they want people to hand over more cash in the rights issue they are going to have to give us more updates.
LOM Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
