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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 > So many shares outstanding .
View:
Post by Galaxym31 on Aug 22, 2024 2:13pm

So many shares outstanding .

.
Comment by Gerrywerry on Aug 22, 2024 2:37pm
One diamond a large percentage of our market cap
Comment by nyoni on Aug 22, 2024 2:45pm
In theory, the value of diamonds (other things being equal) go as the square of the weight. On this basis, $53M for Lesedi @1100 cts could equate to (2500/1100)^2 x 53M = $274M Just sayin'
Comment by Gerrywerry on Aug 22, 2024 4:13pm
It's obviously great news and a great future sign .  Regarding the monster find we need a bit more information . Is it like the LLR , it sure doesn't look like the sewelo . Is it something in between.