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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. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8... see more

Bullboard (TSX:LUC)

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Comment by AndersSon Aug 11, 2023 6:05pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:1080cts White Latest find

Very strange indeed that they have allowed this to happen. I just went back to the coference call and now noticed that they did not mentioned whatsoever why the CEO, Eira, was not on the call. Also ...more  
Comment by nyonion Aug 11, 2023 4:57pm

RE:RE:RE:RE:RE:RE:RE:RE:1080cts White Latest find

".. doubt regarding the Company’s ability to meet its commitments and discharge its obligations in the normal course of business." How did the Board of Directors allow this situation ...more  
Comment by Gerrywerryon Aug 11, 2023 2:15pm

RE:RE:RE:RE:RE:RE:RE:RE:1080cts White Latest find

Monetising the latest find sooner rather than later would be helpful.  Financing the underground was more difficult than it should have been due to lucara not  putting cash away for this ...more  
Comment by AndersSon Aug 11, 2023 1:01pm

RE:RE:RE:RE:RE:RE:RE:1080cts White Latest find

Makes me a bit worried when I consider this section of the Q2 report: "The Company has near-term commitments under the Facilities, including the maturity date of the WCF and the requirement ...more  
Comment by Gerrywerryon Aug 10, 2023 5:50pm

RE:RE:RE:RE:RE:RE:1080cts White Latest find

It seems significant that she wasn't there 
Comment by nyonion Aug 10, 2023 5:12pm

RE:RE:RE:RE:RE:1080cts White Latest find

Maybe Eira is elsewhere inspecting the new humunga.
Comment by Gerrywerryon Aug 10, 2023 4:36pm

RE:RE:RE:RE:RE:1080cts White Latest find

With Clara not performing as hoped and the underground 2 years behind schedule , where should the buck stop?
Comment by KingFoxon Aug 10, 2023 4:01pm

RE:RE:RE:RE:1080cts White Latest find

locked in a room negotiating with lenders ........ I assume. September 1 coming up very quickly.
Comment by AndersSon Aug 10, 2023 2:50pm

RE:RE:RE:RE:RE:1080cts White Latest find

They did fine without Eira, it was a good conference call! Maybe Gerrywerry finally got his wish come true?  
Comment by nyonion Aug 10, 2023 11:14am

RE:RE:RE:1080cts White Latest find

Why wasn't Eira on the conference call?
Comment by Gerrywerryon Aug 10, 2023 10:55am

RE:RE:RE:RE:RE:RE:RE:1080cts White Latest find

Don't think we will ever agree on this one
Comment by AndersSon Aug 10, 2023 10:29am

RE:RE:1080cts White Latest find

The 1080 carat diamond is one of the finest to ever come out of Karowe, to date, according to Dr. John Armstrong. (Said at the conference call).  
Comment by bricksnmorteron Aug 10, 2023 10:06am

RE:RE:RE:RE:RE:RE:1080cts White Latest find

Gerry, perhaps not every shareholder wanted to invest in the underground at a time when it was not a certainity.  By paying a dividend from profits, those who wanted to were welcome to purchase ...more  
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