Lucara Diamond Corp T.LUC

Q3

[nyoni]

https://lucaradiamond.com/newsroom/news-releases/lucara-announces-q3-results-with-a-57-increase-in-122834/

[divime1]

If history is a guide this great quarter should be worth a  10 % drop in the share price tomorrow .  This should be a nice addition to the fourth quarter . Proceeds from the 549 carat "Sethunya" collaboration agreement with Louis Vuitton and HB, are expected to be realized in 2021. 

[Internist]

Finally a strong quarter. Revenue guidance for fy 21 seems conservative?

[Gerrywerry]

Good mine results , looks solid going forward . We still haven't got those elusive third party sellers on Clara and that seems the only fly in the ointment going forward 

[KingFox]

Agreed. Good numbers throughout especially the top line. I'm curious why they would only raise lower guidance number to $195M and leave top end at $210M. It highlights financial forcasting acumen, negatively. Q4 needs only $38M Rev. to hit top end of guidance, the $180/$195 is not even material at this point. Q4 Rev. lower estimate should be $40M and that is conservative imvho, giving F21

[nyoni]

Also:- Clara, Lucara's 100% owned proprietary, secure, web-based digital sales platform, continues to gain scale and interest. In the third quarter, 4 sales took place with a total sales volume transacted of $6.6 million, a 136% increase from the $2.8 million transacted in Q3 2020. Shouldn't that be 236% ?

[Internist]

Euhm, no...