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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

Comment by Gerrywerryon Jul 29, 2021 10:29am
109 Views
Post# 33620637

RE:RE:RE:RE:RE:Lukas

RE:RE:RE:RE:RE:LukasIn that case they should have waited until they knew one way or the other if the underground was going ahead or not before deciding on the dividend or not .  Even if the underground didn't go ahead they would have needed the dividend funds  to secure an alternative future for Lucara . In every  scenario I can think of the dividend was just implemented to early. If you can think of a scenario that delaying the dividend would have been a bad idea please enlighten me!
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