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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. The Company owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Its wholly owned subsidiary is Clara Diamond Solutions Limited Partnership (Clara).


TSX:LUC - Post by User

Bullboard Posts
Comment by smoothedgeon Nov 21, 2015 8:24am
191 Views
Post# 24311926

RE:RE:RE:RE:RE:RE:So what....

RE:RE:RE:RE:RE:RE:So what....A few pointers .
Revenue will be about $210 to $220 million US this year . About the same as last year . No reason to not think conservatively over $300 million US in 2016. It may even double in 2016 compared to this year ? It"s going to be interesting how much conservative Lucara predicts. We have about $152 million US in cash after spending over $50 million in upgrades this year which have already paid off in larger diamonds . LUC has $50 million available as a bank line of credit .  No debt and no dilution . With all commodities suffering the way they are this is truly a diamond in the rough .
Bullboard Posts

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