XAO 0.54% 6,757.9 all ordinaries

LOM the diamond miner gone into TH till Friday. Reason a...

  1. 4,829 Posts.
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    LOM the diamond miner gone into TH till Friday. Reason a significant Diamond recovery. Worth a close watch been in a downtrend and issues with getting money out of Africa. No trading halt in past for 100 crt diamonds so possibly a $20 mil mother this time. I do not hold and LOM has broken the hearts of many holders in past. Interesting to note if the recovery is from their new mine in Lesotho then will mean a lot more as they own a higher percentage if from Angola possibly not as good as the Angolans do not like parting with the proceeds of sales.
 
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