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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 AndersSon Apr 02, 2023 5:49pm
55 Views
Post# 35375008

RE:RE:Delays

RE:RE:Delays

Interesting!
If Clara is only half as sucessful as they hope, I think a spinout would likely result in more shareholder value than what the mine has created. A high margin IT business with some patent protection and a growing business is likely to get much higher valuation multiples than a mine ever will.
 

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