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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 > How will it end?
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Post by nyonion May 29, 2023 7:54pm
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Post# 35469437

RE:RE:RE:How will it end?

RE:RE:RE:How will it end?Here's what we know:-

1. Bots govt has taken a 24% stake in HB.

2. Bots govt-owned Okabango Diamonds will have a 5 year agreement to sell rough to HB.

3. HB have a 10 year contract to take our +10.8ct stones.

The question is, do HB want any of the 1ct -10.8ct stones (Clara's speciality) they may get from Okavango? 

Does the contract in point 3 (above) have anything to say about it?

The Bots President recently said :-

"We have been shortchanged with our resources....... but now we can read, and our eyes are open."

I wonder what opened their eyes?
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