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 > Mkt Cap

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Post by nyonion Sep 04, 2024 3:32pm

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Post# 36208530

Mkt Cap

Before the discovery, share price was hovering around the 31c mark.

Now it seems to have settled around 42c, say 11c higher.

With 453,566,923 shares in issue does that imply that the market values the stone at

453,566,923 x 0.11 = $50M ?

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