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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 KingFoxon Nov 15, 2023 11:28am
145 Views
Post# 35736934

RE:November 15 - the Longstop Date

RE:November 15 - the Longstop Datewell the 450k shares were issued yesterday to Nemesia. so they are drawing on that funding. (re: SEDI)
as we await a further extension, to get the gov't on board to give approval on how we are going to sell the rough.
it is now apparent why the company has been issuing these funding "warnings", and why the deal with lenders is ongoing,  as it is clear now that Lucara is in deep negoiations with the gov't on the way forward and fighting for leverage is said deal making.
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