Lucara Diamond Corp T.LUC

some details beginning to leak as we await the final signed

[KingFox]

https://rapaport.com/news/de-beers-botswana-poised-to-partner-on-high-value-diamonds/

"High-value diamonds were reportedly a central issue in the protracted negotiations, which saw more than two years of delays. The parties wrapped up the outstanding aspects of the deal around 15 minutes before the deadline of 12 a.m. on Friday night, Rowley said."

"Until then, the terms of the old contract — which expired on June 30 — will remain in place. Rowley predicted this could continue for months."

[AndersS]

"The focus will be rough stones worth $500,000 or more, he added." [Paul Rowley] So this does not affect potential supply for CLARA.

[KingFox]

agreed. I'm guessing now however with Botswana's investment in HB, the "uptake" will be 100% of whatever exceptionals are offerred, ala Lucara deal. In conjuction with that I'm guessing they will sell their growing share of diamonds via CLARA, those under $500,000. A CLARA deal probably doesn't get inked/announced until this deal is signed/sealed and delivered. (but I'

[Gerrywerry]

If Clara doesn't get a deal with the govt and the lack of producers continues is Clara done ?