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Bullboard - Stock Discussion Forum Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. The Company owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Its wholly owned subsidiary is Clara Diamond Solutions Limited Partnership (Clara).

TSX:LUC - Post Discussion

Lucara Diamond Corp > A better quarter
View:
Post by divime1 on Nov 10, 2023 9:12pm

A better quarter

then I was expecting . Now if they can get the working capital facility straightened out we should be good for awhile .
Comment by Gerrywerry on Nov 11, 2023 5:59am
" made progress with lenders".   I'd kinda like to know some more details .   Hope there is some questions regarding finances on web cast and more importantly some good answers . 
Comment by AndersS on Nov 11, 2023 6:41am
Yeah, could have been much worse. Looking at the revised 2023 outlook they estimate Q4 revenue to be between 19,2 and 49,2 MUSD. That is a really wide estimate, wonder why?  
Comment by KingFox on Nov 11, 2023 7:48am
I was thinking they only need a slightly better quarter than this one, $60M, to hit original guidance of $200M. I'm guessing timing of any HB flows, even less predictable now, maybe even requiring drawn out legal avenue. I'm sure WL is setting up to under promise, over deliver. CC should be a good one on Monday.
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