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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Lucara Diamond Corp

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Comment by nyonion Feb 23, 2017 5:29pm

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Post# 25885730

RE:RE:RE:RE:RE:RE:RE:So what is fair value ?

There might be good news in the pipeline but how would we ever know?
Unless the high and mighties deem it material they won't tell us.

That seems to go for not-so-good news too. The contractor spat was not expected to "have any material impact on production".

This was explained in a release dated Dec 2nd 2016, not as news in its own right, but in response to a media story that had been published in Botswana.

Well, as it turns out they are probably right about the impact on production, as witnessed in the year-end results.

However, I would very much like to know if that particular issue had any material impact on anything other than production?

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