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According to my father who works with nuclear containments, it is pronounced just "loomy" or "loomium" and I'm not sure of the spelling.
I can’t believe omega put Faux Patina on the Speedmaster 321 re release.
very disappointed
There is a thread on here somewhere with original period advertisements, and it's clear from those that the lume was never pure white in the first place, and always had a rather off white and cream colour.
If you choose to consider this "faux" lume that's up to you, but it would seem to be a more accurate representation of the original lume than white would be...