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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 KingFoxon 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  
Post by Gerrywerryon 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  
Comment by nyonion May 31, 2023 11:45am

RE:Sewelo

How come there's nothing to see here yet there are 72 views?
Post by KingFoxon 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  
Comment by Gerrywerryon May 31, 2023 10:43am

RE:RE:RE:RE:RE:How will it end?

Hard not to agree,  not really earning those big salaries!
Comment by KingFoxon 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  
Comment by nyonion 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.
Comment by AndersSon 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.
Post by nyonion 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  
Comment by Gerrywerryon 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  
Post by nyonion 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
Comment by Gerrywerryon May 26, 2023 2:06pm

RE:How will it end?

Brinkmanship 
Post by nyonion May 26, 2023 1:02pm

How will it end?

. https://www.bizcommunity.com/Article/29/647/238760.html
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