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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 KingFoxon Nov 15, 2023 11:28am
177 Views
Post# 35736934

RE:November 15 - the Longstop Date

RE:November 15 - the Longstop Datewell the 450k shares were issued yesterday to Nemesia. so they are drawing on that funding. (re: SEDI)
as we await a further extension, to get the gov't on board to give approval on how we are going to sell the rough.
it is now apparent why the company has been issuing these funding "warnings", and why the deal with lenders is ongoing,  as it is clear now that Lucara is in deep negoiations with the gov't on the way forward and fighting for leverage is said deal making.
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