Lucara Diamond Corp T.LUC

News

[divime1]

QUARTERLY FINANCIAL HIGHLIGHTS

	Three months ended June 30,				Six months ended June 30,
In millions of U.S. dollars except carats or otherwise noted	2021		2020		2021		2020
Revenues	$	46.3	$	7.5	$	99.4	$	41.6
Net income (loss) for the period	6.0		(13.9)		9.4		(17.1)
Earnings (loss) per share (basic)	0.02		(0.04)		0.02		(0.04)
Earnings (loss) per share (diluted)	0.01		(0.04)		0.02		(0.04)
Operating cash flow per share*	0.05		(0.02)		0.11		0.00
Cash on hand	13.7		13.7		13.7		13.7
Amounts drawn on working capital facility	50.0		19.0		50.0		19.0
Average price per carat sold ($/carat)*	671		109		618		268
Operating expenses per carat sold ($/carat)*	219		174		217		189
Operating margin per carat sold ($/carat)*	452		(65)		401		79
Carats sold	68,961		68,979		160,721		155,158

https://www.newswire.ca/news-releases/lucara-announces-strong-results-for-the-second-quarter-of-2021-and-full-project-financing-for-the-karowe-underground-expansion-800723921.html

[Gerrywerry]

Nothing unexpected,  Clara not up to much so far ,  the ramp up has been so slow.