CYA is always a good way to go, imagine without muddy waters there would be no need for legal folk. This Resolution would not be the first time a vote ended up being challenged in court if the result upsets someone. I got a similar answer to you from a Lucapa staff member, but a totally different opinion from a Law firm. Digressing a little, I am more worried reading the last 2 paragraphs from Somes Cook "Emphasis of matter-inherent uncertainty regarding continuation as a going concern". Of course Lucapa want these Options voted in, self funding to issue, possibility of exercise ( $20 mill to LOM ), 50% dilution compared to previous expired Options total number. I can see more CR,s coming unless the Diamonds found support our mining and exploration schedules.
LOM Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
