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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 > How will it end?
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Post by nyonion May 29, 2023 7:54pm
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Post# 35469437

RE:RE:RE:How will it end?

RE:RE:RE:How will it end?Here's what we know:-

1. Bots govt has taken a 24% stake in HB.

2. Bots govt-owned Okabango Diamonds will have a 5 year agreement to sell rough to HB.

3. HB have a 10 year contract to take our +10.8ct stones.

The question is, do HB want any of the 1ct -10.8ct stones (Clara's speciality) they may get from Okavango? 

Does the contract in point 3 (above) have anything to say about it?

The Bots President recently said :-

"We have been shortchanged with our resources....... but now we can read, and our eyes are open."

I wonder what opened their eyes?
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