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Bullboard - Stock Discussion Forum
Lucara Diamond Corp
T.LUC
Alternate Symbol(s):
LUCRF
Metals & Mining
Industrial Metals & Minerals
Lucara Diamond Corp. is a Canada-based diamond mining company with a producing mine and exploration license in Botswana. Its 100% owned Karowe mine, located in Botswana. Karowe produces Type IIA diamonds in excess of 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813 carat Constellation. It also owns Clara Diamond Solutions, a secure, digital sales...
platform positioned to modernize the existing diamond supply chain.
see more
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Bullboard (TSX:LUC)
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(2)
•••
saoirse
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Comment by
saoirse
on Aug 15, 2023 11:58am
RE:RE:RE:debt situation
Hindsight's a wonderful thing all... I was happy with my substantial dividends and believe the expansion was worthwhile and remain invested now ,for better or worse. For what it's worth,
...more
(36)
•••
AndersS
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Comment by
AndersS
on Aug 15, 2023 11:38am
RE:RE:debt situation
Well, maybe the whole UG project is foolish. If it wasn't for that cash would never have been a problem and banks would not have been needed.
An Expanded Presence in the Athabasca Basin With Option Agreements to Acquire Two URANIUM Properties
posted Apr 24, 2024 9:00am by
Inspiration Energy Corp
-
|
These 2 new, exciting projects we are joint venturing dovetail extremely well with our existing portfolio of uranium projects. This new relationship will provide many exploration synergies for shareholders ...read more
(29)
•••
Gerrywerry
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Comment by
Gerrywerry
on Aug 15, 2023 8:42am
RE:debt situation
And some think the dividend policy wasn't foolish
(48)
•••
nyoni
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Post by
nyoni
on Aug 15, 2023 7:57am
debt situation
https://www.miningmx.com/top-story/54195-lucaras-eira-thomas-quits-as-ceo-as-firm-seeks-way-out-of-debt-crisis/
(29)
•••
Gerrywerry
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Comment by
Gerrywerry
on Aug 15, 2023 3:00am
RE:RE:RE:RE:RE:RE:William in eira out
Clara is a side show the most pressing is the underground and that comment about on going financial commitments.
(48)
•••
nyoni
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Comment by
nyoni
on Aug 14, 2023 7:48pm
RE:RE:RE:RE:RE:William in eira out
Clara is owned 100% by Lucara; however ET and some other vendors of Clara get a % of any earnings exceeding a certain amount, for a certain period of time. You'd have to read the agreement to get
...more
(22)
•••
KingFox
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Comment by
KingFox
on Aug 14, 2023 7:26pm
RE:RE:RE:RE:RE:William in eira out
okay, lets see what Sweden things of this ....... giddy up.
(22)
•••
KingFox
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Comment by
KingFox
on Aug 14, 2023 7:22pm
RE:RE:RE:RE:William in eira out
so the pressing question becomes Clara, doesn't ET still own a piece of this along with a few others.......wow, just wow.
(29)
•••
Gerrywerry
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Comment by
Gerrywerry
on Aug 14, 2023 6:27pm
RE:RE:RE:William in eira out
Clara underperforming and huge underground delay. She may have got away with one but not both . It will interesting to see the new managements opinion about Clara as it wasn't his idea
...more
(97)
•••
divime1
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Comment by
divime1
on Aug 14, 2023 6:15pm
RE:RE:William in eira out
I imagine Lundin pressure . They can't be happy the shaare price is 38 cents .
(97)
•••
divime1
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Comment by
divime1
on Aug 14, 2023 6:01pm
RE:About time .
The stock price was $ 2.25 in 2018 . Basically straight down since then . Can we sell Clara back to her for the price we paid for it . At least William Lamb would go on BNN after the quarter
...more
(48)
•••
nyoni
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Comment by
nyoni
on Aug 14, 2023 5:54pm
RE:RE:RE:William in eira out
Not just her job as CEO but presumably not on the board of directors anymore. Release says Willy will be a director and the rules say there shall be seven directors total.
(97)
•••
divime1
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Post by
divime1
on Aug 14, 2023 5:50pm
About time .
She took over in 2018 .
(36)
•••
AndersS
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Comment by
AndersS
on Aug 14, 2023 5:44pm
RE:RE:William in eira out
I guess the UG delay and cost increase made Eira lose her job. Maybe the lenders will trust Lamb more than Eira?
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