Comment by
nyoni on Oct 02, 2023 10:30am
Are the planets aligning for a Clara spin out?
Comment by
explman on Oct 02, 2023 3:18pm
Not sure, but they did align for a boldt/anderson thow out.....Will be interesting to see the next project over run update, as throwing out the CFO and technical lead tends to mean it is worse that we think.
Comment by
Gerrywerry on Oct 02, 2023 3:23pm
Doesn't mean it's worse . They had to go because one didn't get the finances right and the other didn't know that there might be water at the bottom of a mine .
Comment by
explman on Oct 02, 2023 7:12pm
Fair comment. We will see when the next update/financials are out. I am betting that Will has identified other issues there 2 overlooked.
Comment by
nyoni on Oct 02, 2023 8:30pm
Or maybe it's just a Clara spin-out team?
Comment by
nyoni on Oct 03, 2023 5:48am
Depends on whose and how many diamonds they can get to sell. If it spins out we shall need an experienced team of non-Lucara people to run our new company. Previous experience would be an advantage.
Comment by
Gerrywerry on Oct 03, 2023 10:41am
We haven't been able to get the the sellers and Lucara ownership could well be an issue for those elusive sellers . Interesting as Clara is it's currently a sideshow it's all about our underground finances at the moment.