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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.


TSX:LUC - Post by User

Lucara Diamond Corp
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Comment by cigarsailoron Aug 23, 2010 9:38pm
343 Views
Post# 17376643

RE: no rumours yet

RE: no rumours yetIf LUC offers a 1:1 share for share that would cost LUC about $100M+ and AFD would be getting a premium price of about 65p  - AFD is currently trading at 38p.  That may not be sweet enough though.  Not sure - wish I knew what the "unsolicited" offer was...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities