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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.


TSX:LUC - Post by User

Lucara Diamond Corp > HB again
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Comment by nyonion Sep 16, 2020 7:06am
130 Views
Post# 31565527

RE:HB again

RE:HB again
i) HB partners with LV to cut and polish Sewelo, saying...

"Speaking about the partnership, Oded Mansori, a principal at HB Company said: “The stone is the perfect illustration of a new eco-system for a vertically integrated and transparent diamond supply chain."

https://www.thediamondloupe.com/manufacturing/2020-01-23/hb-company-antwerp-manufacturer-tasked-cut-sewel%C3%B4

ii) HB commits to purchase the remainder of Lucara 2020 10.8 ct plus production.

iii) HB purchases an entire cutting and polishing unit lock, stock and barrel.

What would be the logical outcome of vertical integration?
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