Post by PressRelease on Aug 23, 2023 8:00pm
New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY
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.