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aspire2b

259 Posts.

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04/04/16

13:55

Post #: 17416454
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Originally posted by dazzaa ↑

There is so much going on behind the scenes i am finding it hard to keep track of all there movements...something big is brewing,and there cagy as hell about even discussing who is were and what travel they are doing.I am not nervous but the fact is with all this movement something big is coming and can not put my finger on it just yet but i allow anywhere from 3 days to 2 weeks for something to show its head,and i am not talking about drilling or any mining stuff its like i feel they are not going to j/v or go for a T/O but actually get the funding to take it into full production themselves.
I am patient to sit back and not second guess whats coming,only 1 point i feel is that Endima want to draw money for own use as they have little money to fully advance there infrostructure so that last dip into the money bag is not a 1 off at all,so now it will allow us to balance our books with the flexability needed and also show profits getting drawn to the market.
We are the shining star for Endima to use as a show case for smaller listed mining coys to enter with some form of trust and sovereignty de risk,so watch how they develop that as we enter full mining to now put the balances back into the explorers as Debeers is being given some nice key strategy points at the moment to explore and being on the world diamond board they simply have to follow lead to set industry standards.
Good luck and the more the sheep sell the more steady the s/p will get in a few weeks.Look at the volumes your getting set up to load the sell stack .

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"its like i feel they are not going to j/v or go for a T/O but actually get the funding to take it into full production themselves."

Yo Dazzaa, totally agree mate. Wetherall's response to final question from interview back in 2015 indicates Lucapa's intentions going forward.

http://www.diamonds.net/News/NewsItem.aspx?ArticleID=52488

RN: What is your vision for Lucapa in the next 10 years?

SW: We are confident that we will be a significant alluvial diamond producer and we hope to be a sizable kimberlite miner as well.

LOM Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
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