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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 spin out coming?
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Comment by nyoni on Aug 15, 2023 1:20pm
Maybe there is a plan coming together. 
Comment by nyoni on Aug 15, 2023 1:41pm
We don't know the details of the DeBeers/Govt sales agreement, but there could well be restrictions in there to prevent Okavango dealing with DeBeers' competitiors. If so, it might be beneficial for Clara (and its Directors/management) to be divorced from Lucara.
Comment by KingFox on Aug 15, 2023 3:48pm
maybe this is what the Botswana gov't will be "investing" in ...... clearly it is worth more now then when Lucara bought it ....... was this one big Lundin plan from the start ? Damn, if it was... except for the sp part.....