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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.
see more
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Bullboard (TSX:LUC)
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(10)
•••
KingFox
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Comment by
KingFox
on May 31, 2023 4:56pm
RE:RE:Sewelo
yeah, there must be some glitch. The quote was from the recent Q1 CC and I was inquiring about the recognition of the $5MM in the sale of the Sewelo ($10MM of which Lucara had a 50% stake in). I was
...more
(18)
•••
Gerrywerry
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Post by
Gerrywerry
on May 31, 2023 3:23pm
The lack of a financial plan
Worst ever financial plan . In the beginning a great asset throwing off a large amount of cash our illustrious management knew they would need large amount of cash as they progressed
...more
(28)
•••
nyoni
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Comment by
nyoni
on May 31, 2023 11:45am
RE:Sewelo
How come there's nothing to see here yet there are 72 views?
(28)
•••
nyoni
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Comment by
nyoni
on May 31, 2023 11:41am
RE:RE:RE:RE:RE:How will it end?
Agreed.
(10)
•••
KingFox
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Post by
KingFox
on May 31, 2023 10:50am
Sewelo
"And we are going to be talking about an exciting development for Sewelo in the subsequent slides. The Sewelo which was recovered in 2019 represents the largest diamond to have ever been
...more
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on May 31, 2023 10:43am
RE:RE:RE:RE:RE:How will it end?
Hard not to agree, not really earning those big salaries!
(10)
•••
KingFox
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Comment by
KingFox
on May 31, 2023 10:04am
RE:RE:RE:RE:How will it end?
we also know share price trading at $0.43 CAD, is quickly approaching 2013 lows volume has evaporated market cap now below $150MM USD transparency is now clear as mud
(28)
•••
nyoni
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Comment by
nyoni
on May 30, 2023 6:10pm
RE:RE:RE:RE:RE:How will it end?
I'm hoping for the explanation of many questions to emerge on, or before, 30th June. There could be a surprise coming. Not long to wait anyway.
(36)
•••
AndersS
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Comment by
AndersS
on May 30, 2023 5:14pm
RE:RE:RE:RE:How will it end?
I'm still wondering why the signed a 10 year contract. But I'm sure the Lundins would not do that unless they had a good reason. Maybe I will eventually understand.
(28)
•••
nyoni
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Post by
nyoni
on May 29, 2023 7:54pm
RE:RE:RE:How will it end?
Here's what we know:- 1. Bots govt has taken a 24% stake in HB. 2. Bots govt-owned Okabango Diamonds will have a 5 year agreement to sell rough to HB. 3. HB have a 10 year contract to take our
...more
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on May 29, 2023 6:24pm
RE:RE:How will it end?
More than likely they will let it go to the wire and have a late agreement. If so any potential for Clara benefiting goes up in smoke . So where if anywhere does Clara go from here ?
...more
(28)
•••
nyoni
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Post by
nyoni
on May 28, 2023 9:28am
RE:How will it end?
https://africa.businessinsider.com/local/markets/botswana-demands-greater-share-in-diamond-profits-amidst-renewal-talks-with-de-beers/44m3x98 https://www.voazimbabwe.com/a/7112387.html
(18)
•••
Gerrywerry
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Comment by
Gerrywerry
on May 26, 2023 2:06pm
RE:How will it end?
Brinkmanship
(28)
•••
nyoni
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Post by
nyoni
on May 26, 2023 1:02pm
How will it end?
. https://www.bizcommunity.com/Article/29/647/238760.html
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