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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 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.


TSX:LUC - Post by User

Bullboard Posts
Post by desolationsoundon Jul 16, 2014 5:52pm
425 Views
Post# 22752891

Lucara just surpassed their 2014 Revenue Forecast

Lucara just surpassed their 2014 Revenue ForecastMy math has them now at $ 160 Million + (assuming the regular tender sales matched earlier 2014 tender sales)  The next large tender includes a 239 carat stone that was found in May and a new 193 carat stone that was found more recently .... could be tracking to a $ 260 million to
$ 300 Million revenue year for F14 - depending on what diamonds they put into their next large stone tender early in 4th quarter also how many stones they include in the tender 16 or 20 ..
They are including more 10+ carat stones in their regular tenders that are selling well so you will see in the August 8th 2nd qtr news release that those tender sales are more than expected as well.. Wonder now  ....if the financial "analysts/gurus" will stick to a projected sub $ 3 target SP ???
I now see at least a  $ 6 to $ 8 SP before end of the year ..
Cheers! 
-DS
Bullboard Posts