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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 bricksnmorteron May 10, 2016 10:03am
167 Views
Post# 24857327

Revenues to the bottom line

Revenues to the bottom lineJust a thought. I believe that what we can expect from the sale of Lesi is around 50% of the sale price on 29 June. This is due to Sothebey's commission and other associated costs, plus tax etc. Would it be true to say that The Constellation will have more of an impact to the bottom line because of the costs involved in selling Lesi?
Bullboard Posts