I glean from thisnterview that LOM will try and sell the 404CT stone.
That would give them$31.0 million cash in bank to confirm the 259L kimberlite source and then expand production.
If the 1100 ha kimberlite is proven to be diamond bearing with quality of stones similar to the alluvials then a $10 sp is not out of the question.
Management are very confident they are on the cusp of proving 259L is the source of the alluvial diomonds.
GLTA.
DYOR.
This is the standout investment on the ASX for 2016 I have found to date.
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I glean from thisnterview that LOM will try and sell the 404CT...
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