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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
Bullboard Posts
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(28)
•••
Comment by nyonion Sep 16, 2020 7:06am
144 Views
Post# 31565527

RE:HB again

RE:HB again
i) HB partners with LV to cut and polish Sewelo, saying...

"Speaking about the partnership, Oded Mansori, a principal at HB Company said: “The stone is the perfect illustration of a new eco-system for a vertically integrated and transparent diamond supply chain."

https://www.thediamondloupe.com/manufacturing/2020-01-23/hb-company-antwerp-manufacturer-tasked-cut-sewel%C3%B4

ii) HB commits to purchase the remainder of Lucara 2020 10.8 ct plus production.

iii) HB purchases an entire cutting and polishing unit lock, stock and barrel.

What would be the logical outcome of vertical integration?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities