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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
Comment by nyonion May 16, 2017 11:58am
132 Views
Post# 26250021

RE:Graff Diamonds

RE:Graff DiamondsI'm not so sure that LLR's daughter stone didn't go for top dollar vs the constellation. All other things being equal, the weight ratio is 813/374 = 2.17

The value ratio should therefore be a factor of about 4

4 x $17M = $68M

The constellatio went for $63M with 10% of the polished profit yet to come.
Bullboard Posts