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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 > 1080cts White Latest find
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Comment by bricksnmorteron Aug 10, 2023 10:06am
102 Views
Post# 35581553

RE:RE:RE:RE:RE:RE:1080cts White Latest find

RE:RE:RE:RE:RE:RE:1080cts White Latest findGerry, perhaps not every shareholder wanted to invest in the underground at a time when it was not a certainity. 

By paying a dividend from profits, those who wanted to were welcome to purchase additional shares.

I'm quite happy with dividends I received thank you very much.

I'm also not opposed to the company having debt to finance the UGP this is common practice. 
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