RE:Any thoughts?I've become somewhat jaded with this holding, so take that as a rather large bias to my thinking.
If we, Lucara, had a supply agreement I think we would see it in the sp, which clearly it isn't. To look at the sp, you would think we've found nothing, let alone awaiting some top ups on some exceptionals along with pinks/purples.
I'm expecting a very big Q3 and Q4 on rev's and earnings, however the clear lack of transparency in operations is going to make for a rather large event risk in earnings announcements. Since I continue to hold (and idiotically add) I guess I like the odds to the upside. (Can it go any lower ?)
Clearly something is going on behind the scenes with Lucara (Clara)/Debeers/Gov't . Again I think this is a large event risk concern for paper holders.
If sp is any indication, as I don't believe this can be completely attributable to underground mine risk, something else has to be at play.