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Bullboard - Stock Discussion Forum 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. The Company owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Its wholly owned subsidiary is Clara Diamond Solutions Limited Partnership (Clara).

TSX:LUC - Post Discussion

Lucara Diamond Corp > It will be a long wait but could be worth it
View:
Post by Gerrywerry on Nov 03, 2020 3:57pm

It will be a long wait but could be worth it

for each of the next 5 years  we will spend 100 million approx each year  made up of 60 million cash flow and 40 million debt approx " my guesses ".  When the underground is ready we will have approx 200 million debt  and if the reserves are correct we should have  300 million average revenues for the next 15 years and at 300 even allowing for debt payback we will be paying a dividend equal to are greater than the previous cancelled dividend which at the current sp would be greater than 25 percent allowing that the sp will increase to make the dividend a more reasonable 5 percent approx we should see the sp at 2.30 to 2.50 in the coming years and that's without whatever Clara may add to the mix .  All guess work of course  . Any oppinions
Comment by wateroperator on Nov 10, 2020 9:32pm
  NO IT IS NOT KATUSA PUMP AND DUMP  
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