Lucara Diamond Corp T.LUC

Alternate Symbol(s): LUCRF

Metals & Mining Industrial Metals & Minerals

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.

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Lucara Diamond Corp

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Comment by nyonion Dec 06, 2017 7:39pm

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Post# 27105342

RE:RE:RE:RE:RE:RE:Carats per ton

I don't think you're missing anything because the grade (cpht) of south lobe is lower anyway.

Looking back at the 2017 outlook the make this point :- "The overall grades of the south lobe are lower than the centre and north lobes resulting in lower diamond production, which is expected."

However that shouldn't affect the value/ton since those fewer stones are more valuable.

Dividing the forecast $170,000,000 by 270,000 stones gives $629 per carat and I don't think that's any different from where it's been so far (excluding specials).

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