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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

Post by awacs1on Feb 16, 2022 11:57am
221 Views
Post# 34434062

Steady as she goes

Steady as she goesDiamond prices are in a positive trend, production is good and sales for Q4 will impress. I was in LUC early days before they even had a dividend, and did well. The current management has a different style but is focussed and understand that this is a time when we need a steady pull to get to the UG operation. When Q4 is announced, I expect we will be in the high 70s. I fully agree with pushing capital back in the ground versus a dividend or going to the market for the $$. Stand by!
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