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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 > New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY
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Comment by nyoni on Aug 23, 2023 8:42pm
More finance more dilution.
Comment by Gerrywerry on Aug 24, 2023 3:17am
All this because they didn't have a underground fund built up over the previous years .  It was really stupid ..
Comment by AndersS on Aug 24, 2023 6:39am
In addition to the 18 months UG delay and cost increase, I think it has more to do with competition from synthetics, which is currently pushing down demand and prices of natural diamonds.
Comment by Gerrywerry on Aug 24, 2023 8:16am
The natural diamond industry should push the carbon footprint of synthetic diamonds 
Comment by AndersS on Aug 24, 2023 10:11am
Or maybe not? Lab-grown will come out as superior to mined diamonds.