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Bullboard - Stock Discussion Forum 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... see more

TSX:LUC - Post Discussion

Lucara Diamond Corp > New Press Release - LUCARA ANNOUNCES OPERATING GUIDANCE FOR 2024 AND CFO APPOINTMENT
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Comment by nyoni on Nov 28, 2023 9:19pm
Doesn't seem to express much doubt about the future.
Comment by Gerrywerry on Nov 29, 2023 3:17am
All we need is our financing sorted
Comment by KingFox on Nov 29, 2023 10:06am
agreed. this caught my attention as well "The Company expects to monetize the +10.8 carat stones currently held in inventory in 2024. The revenue forecast for 2024 does not include amounts related to the inventory."
Comment by nyoni on Nov 29, 2023 12:20pm
I imagine the govt (who like both Lucara and HB schemes) will knock some heads together and we might see a resurrected Luc/HB arrangement that addresses the recent spat?
Comment by Gerrywerry on Nov 29, 2023 1:57pm
I'd like a partnership between lucara hb and the govt 
Comment by nyoni on Nov 29, 2023 2:51pm
If govt goes through with their proposed purchase of part of HB, and Luc comes to agreement with HB, then there would effectively be a kind of partnership between all three. Could Clara benefit from that? Let's not forget that Karowe is the only mine in the world that yields a steady supply of big high quality stones, so whoever wants.to share in that part of the market cannot exclude Lucara ...more  
Comment by Gerrywerry on Nov 29, 2023 4:31pm
I wonder with hb's intention to compete to some degree with Clara had much to do with lucara pulling the plug , it must have rubbed lucara the wrong way . Never a good idea to annoy your main customer .  If hb had any sense they should have being getting further into bed with lucara rather than pushing lucara away .  Not to late to kiss and make up for everyone's sake .
Comment by nyoni on Nov 29, 2023 5:34pm
Well, the HB director who was fired was subsequently re-instated, so there appears to be something of a kiss-and-make-up thing in the air.
Comment by nyoni on Nov 30, 2023 3:32pm
https://rapaport.com/news/lucara-expects-to-form-new-supply-deals-after-hb-fallout/
Lucara Diamond Corp