It’s not realistic, I know, that corruption can be wiped out in one sweep, but it is essential that billions of $ are not up for grabs by individuals, as seems to have happened in the past. In our own experience, and I may be completely wrong here, who remembers the two weeks (was it?) ASX suspension prior to the announcement of the 404er? OMG! The fight that must have been going on behind the scenes. End result, the proceeds were NOT split according to the 70% rule, merely along actual % holdings AND (much later) we found out that the buyer was Isabel-associated de Grisogno (who since filed for bankruptcy - how are the mighty fallen). But that’s in the past, right? Now we move forward, into broad sunlit uplands, and, at last, may 2020 be the year for LOM to sparkle. B22.
LOM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
