RE:RE:RE:RE:RE:RE:Greater than 100So if some are too large for Clara,likely a given, wouldn't we have an EST in Q4 ? There has to be a dozen or so of them, and that has to be close to the number for a EST. Is Eira worried about taking some of the Clara thunder out of the market?
soxman wrote: Not all those stones will qualify for Clara as some of them will be too large. But the point is the stones are in inventory and there are a ton of them. 300 + stones that are all over 10.8 carats could fill an entire Jewellery store and is most likely the most amount of large stones we have ever held in inventory at one time.
I am also very happy that the new contractor appears to be the best the company has had to date. Producing 100,000 carats in a quarter is the highest production Lucara has ever had and last quarter was our highest yielding large stone quarter ever at 10%. Everything is pointing up.
Eira is very happy with the new contractor, they raised output for the year (very late in the year). I think everything is pointing to a nice pick-up in production for 2019 which is what everyone has been waiting for. A revision upwards of our yearly guidance and finally some growth. Growth in production along with any form of success with Clara could be a potent mix for 2019.