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Bullboard - Stock Discussion Forum 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... see more

TSX:LUC - Post Discussion

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Post by KingFox on Nov 17, 2020 10:20am

Zoom

ET looking to do a town hall meeting to investors on Nov. 23rd via Zooooommmmm.
Comment by tadjames1 on Nov 17, 2020 1:38pm
How much will it drop after she speaks ? Stay tuned.
Comment by DavetheHorse on Nov 23, 2020 12:33pm
learnt nothing from the Zoom presentation. Waste of time
Comment by tadjames1 on Nov 23, 2020 1:53pm
Now you're starting to get it, Dave. I'm surprised it's not down 10% after she spoke.
Comment by DavetheHorse on Nov 23, 2020 2:46pm
no news re financing the underground until "sometime in 2021". Too vague and not reassuring, hopefully sales during Q4 will see a bit of a bounce in the share price but unless they recover further huge stones the shares are going knowhere quickly.
Comment by AndersS on Nov 23, 2020 3:24pm
Good presentation in my humble opinion! Expect news regarding financing of the underground in early 2021 according to Eira.  
Comment by Gerrywerry on Nov 23, 2020 4:17pm
Bad ideas and mismanagement going back way before Eira have got us to here and unfourtunatly Eira hasn't managed to fix the problems yet . Maybe she will, it would be a nice surprise but don't hold your breath
Comment by tadjames1 on Nov 23, 2020 11:43pm
Insider buying and excessive salary cuts would be a first step.... A message to shareholders to show they're serious. A mil a year is pretty sweet when you've failed the shareholders tho.
Comment by DavetheHorse on Nov 24, 2020 4:33am
yes that was my question on the Town Hall meet, go a very short reply from her, no detail, thought the meeting would have told us something we didn't already know but it didn't
Comment by DavetheHorse on Nov 24, 2020 4:37am
yes that was one of my questions on the Town Hall meeting, she didn't give it much of a reply, just early in 2021, but it an important question and needs clarity of financing plans.
Comment by Gerrywerry on Nov 24, 2020 6:23am
The financing is the elephant in the room.  My questions . 1 .  What are the tax implications of the underground spend .2. How much can we afford from  revenue incl tax savings to spend each year. 3. The exact amount of the borrowings and the repayment costs.  Everything seems a bit vague so far .
Comment by Lachine on Nov 19, 2020 10:39am
This post has been removed in accordance with Community Policy
Comment by KingFox on Nov 19, 2020 10:53am
I hear ya. At this point I think the only thing I can hope for is that we see light at the end of the pandemic catastrophe, thereby holding out some hope for luxury related sales that coincide with a bump in $LUC 's revenue from this HB deal. and if we are looking for a cherry on top, a ramp up in sales and revenues / clients from CLARA .  Then I'm out !!!
Comment by Lachine on Nov 21, 2020 9:54am
This post has been removed in accordance with Community Policy
Comment by tadjames1 on Nov 21, 2020 1:32pm
Good luck to all here. It's been a total sh#tshow with Thomas at the helm. Too many shares out and the Lundin's are famous for printing paper and that's why you'll never see $1.50 for your 3 bagger. The numbers just don't work with so many shares out.
Comment by Gerrywerry on Nov 21, 2020 1:45pm
With a valuation of 206 million there is plenty of upside here . If Clara eventually performers and we get the underground eventually organised  we will get well  get past the 1.50 level but it going to take time . It's really annoying being a shareholder but dont see it as a lost cause . 
Comment by nyoni on Nov 22, 2020 9:28am
There are too many upside unknowns at this point to call the future. eg:- The effect of DeBeers/govt sales agreement on Clara? The outcome of President's stated desire for govt to invest in Lucara? Is Lucara involved with the hush-hush major discovery mentioned by the Mines minister that no-one wants to talk about. Is there anything else within the Karowe fence? Where are the big ...more  
Comment by nyoni on Nov 22, 2020 10:27am
And what if Clara spins out? Instant win.