LOM
Click for more information
4.76% 4.0¢ lucapa diamond company limited

I would have thought it would be simpler to just do a LOM buyout...

  1. dusnot
    419 Posts.
    lightbulb Created with Sketch. 12
    clock Created with Sketch.
    17/12/14
    15:26
    Post #: 14475724
    I would have thought it would be simpler to just do a LOM buyout here, if they were inclined at all.
    They would inherihit the JV portion anyway, and have the financial clout to move it along very quickly, possibly a bonus now for an Angolan govt. now facing lower oil revenues.
    The alluvials would need to show solid performance and a kimberlite program that looks like delivering at least economic pipe.
    Just my thoughts, but DeBeers is looking to reenter Angola are they not?
    LOM Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS Gold potential soars at Black Swan with major anomalies discovered – Wilson's prospect shines
right-arrow Created with Sketch.
NEWS 190m antimony-copper intercept at Bulla Park – major mineralisation confirmed
right-arrow Created with Sketch.
NEWS High-purity manganese project secures US$166M U.S. DoE grant – major boost for battery-grade facility
right-arrow Created with Sketch.
NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
NEWS Gold and copper potential uncovered – untested zones at Yalgoo show significant upside
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
4.0¢ 		Change
-0.002(4.76%) 		Mkt cap ! $11.60M
Open High Low Value Volume
4.2¢ 4.2¢ 4.0¢ $19.32K 472.0K

Buyers (Bids)

No. Vol. Price($)
1 66492 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 112000 1
View Market Depth
Last trade - 12.27pm 27/09/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.