LOM 0.00% 4.0¢ lucapa diamond company limited

Valuating LOM on foretasted producted 40,000 bcm, page-68

  1. 13,191 Posts.
    lightbulb Created with Sketch. 2694
    Sometimes in life acro, we need to take a step back and remind ourselves about how fortunate we are!

    If Sunland Mining Ltd managed to fulfill it's contractual agreement, there would be no Lulo for Lucapa. As you can see from the below executive decree, they were stripped of the right to explore for alluvial diamonds on Lulo concession back in July 2006. They suffered the same fate with respect to kimberlites on the concession:

    Sunland Mining Ltd_01.jpg
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.