XAO 0.08% 8,603.5 all ordinaries

LOM it is deja vu all over again. Lucapa diamond co came out of...

  1. 4,395 Posts.
    lightbulb Created with Sketch. 13
    LOM it is deja vu all over again.   Lucapa diamond co came out of T/H Monday  raised $16 mil at no discount to trading price.   Three cornerstone investors threw in $13 mil, with one prominent Perth business man to take a company seat. Speculation ranges from Twiggy Forrest, Gina big one to Warren Buffett.  Whatever the share price seems to have bottomed at 23 cents and now co fully funded to drill in Brooking deposit WA.
    Fully commission their Lesotho mine into production and continue mining and exploring in Angola.
    Took a position Monday as this time just could transform into a cash cow.
    Latest broker report
    https://hotcopper.com.au/attachments/lom_11apr18-pdf.1052896/
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.