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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Metals & Mining Industrial Metals & Minerals
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 OPERATING GUIDANCE FOR 2024 AND CFO APPOINTMENT
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Comment by nyoni on Nov 28, 2023 9:19pm
Doesn't seem to express much doubt about the future.
Comment by Gerrywerry on Nov 29, 2023 3:17am
All we need is our financing sorted
Comment by KingFox on Nov 29, 2023 10:06am
agreed. this caught my attention as well "The Company expects to monetize the +10.8 carat stones currently held in inventory in 2024. The revenue forecast for 2024 does not include amounts related to the inventory."
Comment by nyoni on Nov 29, 2023 12:20pm
I imagine the govt (who like both Lucara and HB schemes) will knock some heads together and we might see a resurrected Luc/HB arrangement that addresses the recent spat?
Comment by Gerrywerry on Nov 29, 2023 1:57pm
I'd like a partnership between lucara hb and the govt 
Comment by nyoni on Nov 29, 2023 2:51pm
If govt goes through with their proposed purchase of part of HB, and Luc comes to agreement with HB, then there would effectively be a kind of partnership between all three. Could Clara benefit from that? Let's not forget that Karowe is the only mine in the world that yields a steady supply of big high quality stones, so whoever wants.to share in that part of the market cannot exclude Lucara ...more  
Comment by Gerrywerry on Nov 29, 2023 4:31pm
I wonder with hb's intention to compete to some degree with Clara had much to do with lucara pulling the plug , it must have rubbed lucara the wrong way . Never a good idea to annoy your main customer .  If hb had any sense they should have being getting further into bed with lucara rather than pushing lucara away .  Not to late to kiss and make up for everyone's sake .
Comment by nyoni on Nov 29, 2023 5:34pm
Well, the HB director who was fired was subsequently re-instated, so there appears to be something of a kiss-and-make-up thing in the air.
Comment by nyoni on Nov 30, 2023 3:32pm
https://rapaport.com/news/lucara-expects-to-form-new-supply-deals-after-hb-fallout/
Lucara Diamond Corp