Lucara Diamond Corp T.LUC

crux

[nyoni]

.
https://www.youtube.com/watch?v=bTuWbIEVC6s

[nyoni]

Question:- at 52:22      "....may want to roll Clara out.."  Is that Canadian for "spin out" ?

[Gerrywerry]

And what would it be worth ? Eira goes on about ramping up but as far as I can see it would need to ramp up to many multiples of what it is today to have major value. 

[nyoni]

Depends upon what third party producers come on board.

[Gerrywerry]

Indeed it does, I don't know the sales needed but it would need many hundreds of millions. Where do they need to be to match lucara?

[nyoni]

She says they are targetting 10% of global sales. I'll leave it to you to figure out who could supply that to Clara.

[Gerrywerry]

So  they are aiming for about 1.4 billion  in sales through Clara . Wonder what the time frame is to get to that target.?  Presume we get that 1.4 billion what profit on sales?  

[nyoni]

Time scale mentioned is 5 years. Listen from about the 45:30 minute mark here;- https://www.youtube.com/watch?v=bTuWbIEVC6s

[Gerrywerry]

It's taken  over two and a half years to get 29 million sold in total. Eira keeps mentioning ramping up . Am I the only one that thinks it's been really slow so far and now we are ment to get to 1.5 billion in the next two and a half years .  Needs to get that ramping up ramped up .  Hope my pessimistic outlook is wrong .  Time will tell . What do you gentlemen think?

[NigelDavies]

I agree with you Gerry, it does seem very optimistic. External factors like this pandemic, disputes between countries i.e. USA versus China/Russia, general economic conditions affecting supply and demand all will come into play. I guess this is why investing in stocks and shares has such large potential rewards. It's a lottery gentlemen.... but I think we all know that. GLTA and stay safe

[Gerrywerry]

 Built it up and sell it to someone that can take it to the billions , not many buyers that could do that .  What would the pay ?