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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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.


TSX:LUC - Post by User

Lucara Diamond Corp
Bullboard Posts
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(27)
•••
Comment by nyonion Oct 11, 2018 5:27am
173 Views
Post# 28778911

RE:RE:RE:RE:Big Rocks

RE:RE:RE:RE:Big RocksA simple revenue comparison is revealing.

Karowe gets $650 per carat average.
At 12 cpht that gives us $7800 per hundred tonnes revenue of ore mined.
ie $78 per tonne

The new discovery is 550cpht.
Worst case: They are crappy stones and only get $15 per carat average.
At 550 cpht that yields $8,250
$82.50 per tonne
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities