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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 CodtMarks88on Sep 06, 2016 5:55pm
250 Views
Post# 25211733

Just to clarify.

Just to clarify.Lucara is expected to have $220,000,000 at the end of 2016 (not even counting the $63,000,000 thay made on the 800 carat diamond) in just profit. And they have $210,000,000 in cash already laying around in the bank. And paying a special dividend of roughly $178,000,000 to it's shareholders. It's a little unbelievable the diamonds company is bringing in.

Please correct me if this information is not correct.
Bullboard Posts