Comment by
KingFox on Nov 03, 2022 9:08am
Very. Not that it might have been the worst kept "secret" half way across the world. How did I miss the original article they reference.
Comment by
KingFox on Nov 03, 2022 9:14am
it's behind a paywall ..... Masisi to ditch De Beers for Lucara and HB Antwerp? Sunday Standard Reporter - 31st October 2022 Botswana is expected to divert most of its large diamonds from De Beers and sell them through the Okavango Diamond Company (ODC) to the... Clearly the market paid no attention to the news as sp did nothing on Tues/Wed, maybe b/c of Q3 release.
Comment by
Gerrywerry on Nov 03, 2022 9:44am
It might be interesting if true but it has been completely denied
Comment by
nyoni on Nov 03, 2022 11:05am
Maybe we should listen out for the cockerel to crow at least 3 times before dawn?
Comment by
Gerrywerry on Nov 03, 2022 11:36am
Just some made up story , eira gave it no credence at the end of the conference call and though Clara got a mention it was a very small mention , it appears to me the 5 year plan is about 4 years behind schedule. Maybe Clara will take off but don't hold your breath . It's all about the underground!,!!
Comment by
Gerrywerry on Nov 03, 2022 1:04pm
A negotiating ploy to put a bit of pressure on debeers. It doesn't do lucaras profile any harm with the Botswana government going forward
Comment by
nyoni on Nov 03, 2022 1:29pm
More than that, think about where the govt might prefer to sell the stones that aren't big enough for the likes of HB but are bigger than run of mine? (say the 1 to 10.8ct good quality stones) Perhaps they'd like to run a trial with suitable ODC stones on Clara?
Comment by
Gerrywerry on Nov 03, 2022 2:24pm
Whatever is going on or not going on there is no negative for Lucara