Lucara Diamond Corp T.LUC

Clara third party supply

[AndersS]

Clara is excited to kick off Sale 14 today - October 21, 2022 - featuring #naturaldiamonds from the following diamond mines:
Karowe Mine, Botswana
Ekati Mine, NWT, Canada
Diavik Mine, NWT, Canada
Renard Mine, Quebec, Canada

from https://ca.linkedin.com/company/clara-diamond-solutions

[nyoni]

An interesting piece of information, but who is the current 3rd party trial with?

[Gerrywerry]

I suppose we will find out fairly soon but more importantly will whoever it is become a regular customer,if we get a few regular and happy customers it could take off very quickly.  I don't want to hear the trial is complete with positive feedback, that's  no good if they don't commit to coming back. It has to be a better alternative to these elusive third party sellers . Is

[nyoni]

I think there could be a key question in all this. What's delaying the sales agreement between Bots govt and deBeers?  

[Gerrywerry]

Looking at the lack of volume and interest in poor old lucara  if they have good news they are managing to keep it very quiet . We would expect some sort of leakage if there was good news .

[nyoni]

On the other hand good news has often seemed to have no effect or even make it go down. eg what did doubling the life (and value) of the mine do? Nothing.

[Gerrywerry]

The markets long term is quiet short , when we get near the end of the build the market should take interest 

[KingFox]

there is only one that matters. and that is likely the reason for the delay as you later post asks. at least that's my read on the situation. I'm guessing the discussions are on going over price, as can't imagine De Beers agreeing / signing up for anything until their shared ownership in Clara has a confirmed $ amount attached.

[Gerrywerry]

If it is de beers it's the best kept secret ever, looking at the sp and volume. 

[theSwede99]

True, but not too many it seems care about this "diamond in the rough".  Great set-up if outsized news does appear out of the blue, just like when Lesedi was discovered.