RE:RE:RE:Lucara is a bargain, according this analysisjeff77d
Just my opinion ....
I think you make some very good points - I know in the diamond business in the past , product supply control was a very important factor ...
What is Lucara's criteria for releasing news on exceptional stone diamond finds to the market?
As you suggest - They may have enough exceptional diamonds now for another 2 exceptional diamond tenders in 2015 .... will it happen ... I am guessing not ... as I think the company maybe be locked into a 2015 revenue number... They control what part of Karowe they are mning - and what they process
They are sitting on a growing stockpile of cash as well .... If they aren't doing a stock buy back .. why not a 2 for 1 stock consolidation? I don't think some of the analysts like roughly
400 million shares floating in the market...and I don't think investors like the current SP ....
Jeff77d - I think "trust/transparency" is important here ...