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

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TSX:LUC - Post Discussion

Lucara Diamond Corp > New Press Release - LUCARA ANNOUNCES OPERATING GUIDANCE FOR 2024 AND CFO APPOINTMENT

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Post by PressRelease on Nov 28, 2023 8:00pm

New Press Release - LUCARA ANNOUNCES OPERATING GUIDANCE FOR 2024 AND CFO APPOINTMENT

VANCOUVER, BC, Nov. 28, 2023 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Please view PDF version.Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to provide operating guidance for 2024 (all amounts in USD unless otherwise stated).2024 OUTLOOKThis section provides management's...read article.

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Comment by nyoni on Nov 28, 2023 9:19pm

Doesn't seem to express much doubt about the future.

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Comment by Gerrywerry on Nov 29, 2023 3:17am

All we need is our financing sorted

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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."

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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?

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Comment by Gerrywerry on Nov 29, 2023 1:57pm

I'd like a partnership between lucara hb and the govt

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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

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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 .

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