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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

Comment by Poitin21on Nov 30, 2020 7:06am
85 Views
Post# 31998720

RE:RE:RE:RE:Borderline trolling duo

RE:RE:RE:RE:Borderline trolling duoBOD is out there but on the other hand, Lucara is a conservatively and competently managed, world class diamond producer.To answer off the other query. Hindsight would also be a great thing for the Luc board and shareholders but we are where we are. Stopping the dividend (even for a fairly substantial holder), was the right thing to do in order to extend mine life. The industry is going through an existential crisis and that's what's really affecting our share price. Millennial's are asking themselves if natural diamonds are valid and ethical, there are other things in the mix , including Clara and shareholder fatigue/capitulation but seeing as I/we, are in it-then its best to look at things constructively and ask the right questions of the board in an appropriate forum, such as town hall/conference or AGM.
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