LOM
34.5cents AU
0.32 CAD
(SML) Alluvial miner
-You have a look at the large blob there, that is Au$22.5m Au, or US$16m. If you look at the price per carat of that stone, it’s close to US$40k/ct
- Our average cost - US$60/cube, and the whole Central African region, US$60/cube. Let’s measure that against the revenue per cube that we’re getting out of those blocks: MB-8 US$430/ct, MB-6 nearly US$300/ct, E46 US$171/ct. As you can see there’s very, very significant cash generating potential for us
lucara diamond
Source: http://lucaradiamond.com/i/pdf/fs/2016Q1.pdf
Canadian dollar 4.25
Australian Dollar 4.46
-Subsequent Events: On April 13, 2016 the Company closed its first Exceptional Stone Tender of 2016. A total of 1,525 carats were sold for gross proceeds of $51.3 million or $33,632 per carat.
This above snippet may have included one or 3 of their big diamond finds of 1,111 carat and measures 65 by 56 by 40 mm (2.6 by 2.2 by 1.6 in). A day later, two more diamonds weighing 813 and 374 carat.
-Cash flows and operating margins for Lucara: The Company achieved revenue of $50.6 million or $649 per carat yielding a 79% operating margin or $513 per carat during the period.
-Lucara owned a 40% share of the AK6kimberlite project (now the Karowe mine) in Botswana. In October 2010, Lucara bought African Diamonds, giving it a 100% share in the mine.[5] The mine has an estimated $2.2Bn of diamonds
(wiki Sourced)
Sht and we are only Alluvial miner, bring on the kimbo's
FID
LOM Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
