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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 Nov 07, 2019 5:20pm
127 Views
Post# 30324176

RE:RE:Inventory

RE:RE:InventoryLachine wrote:-

As a result, Lucara has not held back any goods in inventory (with the exception of t 1,758 carat Sewel) and expects to be able to achieve its 2019 revenue guidance, albeit at the lower end ($170 million to $180 million) of the 2019 guidance.

They probably mean in Q3, which would fit the fact that the rough stone inventory has dropped slightly from what was reported for Q2.

Bullboard Posts