Lucara Diamond Corp T.LUC

One answer

[Skeltic]

While we wait for the financing to happen somehow since this is a disrupter company now. Why not by and store BTC on the balance sheet? Would do 2 things. Would make a great return plus you can get interest on your coins if you store them properly. Plus the free press and the ability to get BTC exposure without figuring out BTC for average investors. Might open LUC up to a new demographic of investors

[Gerrywerry]

An answer but not to my question. Anybody actually have an answer ?

[Gerrywerry]

I’ll answer my own question , we can afford the expenditure but it depends on  the depreciation and amortization charges for the next five years . I was looking to see if I could find out these charges but no joy, anyone know the figures?

[tadjames1]

Gerry, have you ever considered emailing the company or calling them ?

[Gerrywerry]

Hi James , did that a few times but they just referred me to the pre feasibility study and that's not an easy read .Il try them again next week ,  last  last  year depreciation and amortisation was over 50 million which seemed huge to me .I don't understand how the number varies so much .

[tadjames1]

Ask to speak to the former Queen herself.

[Nosleep]

you want a struggling diamond company to risk investors cash by putting it into cryptocurrency near the top of an epic run? sure it could go to 50k or 100k, but it could just as easily go to 10k. Yikes.