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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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•••
Post by AndersSon Aug 06, 2019 8:14am
131 Views
Post# 29996635

Odd comment from Berenberg Bank

Odd comment from Berenberg Bank
Berenberg Bank lowers their target price for Lucara from 1.50 to 1.40 CAD.
However, at the same time they estimate a Q2 revenue of almost 49 Million CAD based on assumption of 80.000 carats sold for an average price of 608 USD per carat.
 
Personally I guess the Q2 revenue will come in much lower, about 30-35M. Q3 and Q4 should both be stronger though.

Link to source (in Swedish):
https://www.avanza.se/placera/telegram/2019/08/06/lucara-diamond-svag-marknad-vantas-tynga-2-kv-analytiker.html

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities