LOM
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3.45% 6.0¢ lucapa diamond company limited

What now ?, page-24

  1. lame
    2,260 Posts.
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    19/04/24
    15:10
    Post #: 73428084
    Its a JV, excess above working capital does get returned to jv partners whether that's though dividends or whatever
    The other business and exploration /evaluation assets is where LOM has been spending its return of capital and profits from the joint venture " dividends "
    If that hadn't been occurring from the successful alluvial production then it would be shareholders tipping in even more money to fund operations and keep the company afloat

    Last edited by lame: 19/04/24
    LOM Price at posting: 10.8¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.002(3.45%) 		Mkt cap ! $17.40M
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