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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 > some news
View:
Comment by KingFox on Mar 27, 2023 12:05pm
https://twitter.com/OfficialMasisi/status/1640382321923702784?s=20
Comment by bricksnmorter on Mar 27, 2023 1:46pm
So, they will be using a similar deal/strategy to Lucara HB antwerb. I don't see how this benefits Lucara though? The market doesn't seem to think anything of it either as LUC SP hasn't reacted to the 'news'.
Comment by AndersS on Mar 27, 2023 4:28pm
Also here https://rapaport.com/news/botswana-to-buy-24-stake-in-hb-antwerp/ I guess this might also mean that ODC will get a larger chunk of the production. Could be good news for Clara if ODC then uses Clara for stones below the sizes that HB works with.