Lucara Diamond Corp T.LUC

RE:Delays

[nyoni]

Excellent interview, especially several hints about Clara contracts for third party supply.

Shaft sinking problems and remedies have already been aired.

[Gerrywerry]

Hopefully eiras clara optimism is justified but it's worth remembering that if clara doesn't come good eira is done

[AndersS]

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.  

[Gerrywerry]

I appreciate the optimism, how long do you give it for Clara to catch a big fish ?

[nyoni]

It might not be so much about hooking the fish as the time it takes to reel it in.

[Gerrywerry]

The main thing is that there is a fish