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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 > Free advice to Petra Diamonds
View:
Post by AndersS on Jun 07, 2023 10:47am

Free advice to Petra Diamonds

Free advice - Call Clara to quickly sell parts of that inventory!

"Petra Postpones 380,000-cts Tender amid Midstream Slowdown"

https://www.idexonline.com/FullArticle?Id=48619

Comment by Gerrywerry on Jun 07, 2023 4:10pm
The bigger question is ,  why haven't the likes of Petra  diamonds called Clara . There must be a reason.
Comment by AndersS on Jun 07, 2023 4:45pm
Been too easy to sell the traditional old way. But that has changed now which makes Clara a much more attractive option than before.
Comment by Gerrywerry on Jun 08, 2023 3:39am
True. But they haven't taken the Clara option , so if it's as attractive as we think why don't the sellers go for it ?
Comment by AndersS on Jun 08, 2023 6:02am
Earlier it has been too easy to sell the traditional old way. NOW that has changed. Stay tuned!  
Comment by Gerrywerry on Jun 08, 2023 12:46pm
Eira and the stay tuned lark doesn't do it anymore . Why   is Clara not attractive to other producers? If the pandemic didn't give Clara a boost , will anything?  The simple truth is that Clara hasn't succeeded in disrupting anything whatsoever. There is a time limit for success.!
Comment by AndersS on Jun 09, 2023 1:37pm
Clara now has about 100 of the world's most prestigious diamond manufacturers as clients. NOW when selling rough the old traditional way is slow, Clara becomes a very attractive option to any diamond producer. Stay tuned!
Comment by Gerrywerry on Jun 09, 2023 2:39pm
And diddly squat volume after years of ramping up. 
Comment by nyoni on Jun 08, 2023 9:18am
Is it coincidental that Petra's halt in sales coincides with the uncertainty over the 30th June deadline? Could a hike in prices be on the cards and they're keeping their powder dry?