Why the selloff?, page-43

There's some here who can see where the company is at through very unbiased eyes, but there is also some here who are so sour on LOM due to its long term sideways movement. Well that is a natural consolidation period as a company is built and transforms from an idea into something of value and produces tangible $ relative to its share price. So to everyone I'd recommend taking a step back and looking at the long term chart & trends of LOM. There has been some rather excited highs over the last years as the market realised the potential, and there has been some dismal lows as the market lost interest and / or realised the timeframes involved in building a diamond mining business. Those lows however have been reliably less dismal - ie the lows have been higher - as LOM has gradually derisked and started delivering.

51 million in sales (from SML) is nothing to balk at, and places the company and its shareholders (LOM & others) in a place to explore, deliver and grow the business without dilution.

Inflection point, breakout, company making - call it what you will but the numbers speak for themselves. The long term consolidation which started in mid 2014 has nearly run its course, the brokers see this from there buy recommendations and targets of anywhere between 60 - 77c, soon enough the sellers will either run out or realise they are selling at a really stupid time and the share price will start its climb and inevitably break 52 wk highs.

So DYOR, make your own decisions based on the numbers which are extremely transparent at this point in time, and ignore those with a negative sentiment on LOM - individuals bad trading / investing choices are the reason for the negative sentiments, nothing to do with the position LOM is in at present. If anything LOM is in a highly enviable position, and when we look back in a few weeks / months time we too will be enviable of those who bought in at current prices.

GLTAH