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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

Lucara Diamond Corp > Clara third party supply
View:
Post by AndersS on Oct 27, 2022 3:39pm

Clara third party supply

Clara is excited to kick off Sale 14 today - October 21, 2022 - featuring #naturaldiamonds from the following diamond mines:
Karowe Mine, Botswana
Ekati Mine, NWT, Canada
Diavik Mine, NWT, Canada
Renard Mine, Quebec, Canada

from https://ca.linkedin.com/company/clara-diamond-solutions
Comment by nyoni on Oct 28, 2022 12:22pm
An interesting piece of information, but who is the current 3rd party trial with?
Comment by Gerrywerry on Oct 28, 2022 2:29pm
I suppose we will find out fairly soon but more importantly will whoever it is become a regular customer,if we get a few regular and happy customers it could take off very quickly.  I don't want to hear the trial is complete with positive feedback, that's  no good if they don't commit to coming back. It has to be a better alternative to these elusive third party sellers . Is ...more  
Comment by nyoni on Oct 28, 2022 4:08pm
I think there could be a key question in all this. What's delaying the sales agreement between Bots govt and deBeers?  
Comment by Gerrywerry on Oct 28, 2022 5:44pm
Looking at the lack of volume and interest in poor old lucara  if they have good news they are managing to keep it very quiet . We would expect some sort of leakage if there was good news .
Comment by nyoni on Oct 28, 2022 7:21pm
On the other hand good news has often seemed to have no effect or even make it go down. eg what did doubling the life (and value) of the mine do? Nothing.
Comment by Gerrywerry on Oct 29, 2022 1:25pm
The markets long term is quiet short , when we get near the end of the build the market should take interest 
Comment by KingFox on Oct 31, 2022 2:31pm
there is only one that matters. and that is likely the reason for the delay as you later post asks. at least that's my read on the situation. I'm guessing the discussions are on going over price, as can't imagine De Beers agreeing / signing up for anything until their shared ownership in Clara has a confirmed $ amount attached.
Comment by Gerrywerry on Nov 01, 2022 1:25pm
If it is de beers it's the best kept secret ever, looking at the sp and volume. 
Comment by theSwede99 on Nov 01, 2022 11:10pm
True, but not too many it seems care about this "diamond in the rough".  Great set-up if outsized news does appear out of the blue, just like when Lesedi was discovered.
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