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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 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.


TSX:LUC - Post by User

Bullboard Posts
Comment by KingFoxon Feb 27, 2020 10:06am
114 Views
Post# 30740306

RE:announcement 'soon' about 3rd party goods

RE:announcement 'soon' about 3rd party goodshahaha, not to split hairs here but I heard "shortly" as well. Now of course the 64 million dollar question is how long is "soon/shortly" ?

and if a find of a 549 "exceptional" diamond and a beat on earnings can't drive sp higher, can getting a third party supplier on Clara do the trick .... call be extremely skeptical, but hopeful that something triggers this turnaround. 

I'm guess the market is running away from this due to the underground cap ex. The only thing that makes sense to me. 
At this valuation if we ever get into the position of cash flow positive again, I'd say start buying shares, hand over fist. Forget the dividend.


nyoni wrote: ...at 9:55 here:-

https://www.youtube.com/watch?v=I6cDl-1Ni5U


Bullboard Posts