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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 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...
carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.
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Bullboard (TSX:LUC)
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(36)
•••
AndersS
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Comment by
AndersS
on 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
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(28)
•••
nyoni
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Comment by
nyoni
on 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
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on 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
(36)
•••
AndersS
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Comment by
AndersS
on 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
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(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on Aug 10, 2023 5:50pm
RE:RE:RE:RE:RE:RE:1080cts White Latest find
It seems significant that she wasn't there
(28)
•••
nyoni
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Comment by
nyoni
on Aug 10, 2023 5:12pm
RE:RE:RE:RE:RE:1080cts White Latest find
Maybe Eira is elsewhere inspecting the new humunga.
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on 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?
(10)
•••
KingFox
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Comment by
KingFox
on 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.
(36)
•••
AndersS
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Comment by
AndersS
on 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?
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on Aug 10, 2023 11:52am
RE:RE:RE:RE:1080cts White Latest find
Was a bit odd
(28)
•••
nyoni
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Comment by
nyoni
on Aug 10, 2023 11:14am
RE:RE:RE:1080cts White Latest find
Why wasn't Eira on the conference call?
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on 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
(36)
•••
AndersS
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Comment by
AndersS
on 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).
(1)
•••
bricksnmorter
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Comment by
bricksnmorter
on 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
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