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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

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.


TSX:LUC - Post by User

Bullboard Posts
Comment by Skelticon Oct 25, 2019 5:47pm
119 Views
Post# 30271492

RE:Clara update

RE:Clara update
Not impressed with Clara yet, 6.6 mil is not a good number after a year of running. I wouldn't be happy with 10x that number. This is money we would be making anyway though normal channels. Say 10% of that is the profit after costs. so 23 some odd million for a half-million bump per year? I don't think so. PLUS taking these middle-range stones out of the regular tenders cheapens the regular tenders.  Just my Opinion
Bullboard Posts