The shares in LOM are going to fluctuate until several things...

The shares in LOM are going to fluctuate until several things happen

1 Gazetting
2 Proved JORC resource
3 Stable revenue that is cash flow positive

All these things take time and they are all share price accretive. A lot of progress has been made in the last 6 months but the time that it will take to prove up a resource and have a 20,000+ through put for the whole year is not definite as yet, thus the share price is volatile due to the speculative nature of the stock.

So you either hold and wait or you go elsewhere and watch for an entry time when these events are in place.

It is a risk to not hold though as the find of another large stone will break this thing wide open. I speak from experience as I was out for a couple of days and missed the 404, which resulted in a 25 % increase (33 to 41), more if you sold on the highest price reached viz (33 to 52)