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.

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Lucara Diamond Corp > HB

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Comment by nyonion Nov 07, 2024 10:36am

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Post# 36301009

RE:HB

My understanding of the agreement with HB is that they pay the full agreed estimated polished price for rough stones upon delivery to HB.

Adjustments based upon actual polished price come later (less HB's fixed fees).

If so, every time a stone is delivered to HB, revenue accrues to Luc.

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