Lucara Diamond Corp (OSTO:LUC)
kr 4.075 0.07 (1.75%) Market Cap: 1.86 Bil Enterprise Value: 3.70 Bil PE Ratio: 0 PB Ratio: 0.74 GF Score: 72/100

Q3 2021 Lucara Diamond Corp Earnings Call Transcript

Nov 04, 2021 / 02:00PM GMT
Release Date Price: kr4.63 (+3.93%)
Operator

Good morning. My name is Grant, and I'll be the conference operator today. At this time, I would like to welcome everyone to the Lucara Diamond 2021 Quarter 3 Results Conference Call. (Operator Instructions) Ms. Eira Thomas, you may begin your conference.

Eira Margaret Thomas
Lucara Diamond Corp. - Founder, President, CEO & Director

Thank you, Grant. Hello, everyone, and thank you for joining Lucara's Third Quarter Results Call. Joining me from management today is Zara Boldt, CFO; and Dr. John Armstrong, VP Technical Services; and Ayesha Hira, VP, Corporate Development and Strategy. I will be making forward-looking statements, so I do encourage everyone to review our cautionary statements, which is available on our website and on Slide 2. Lucara is very pleased to be reporting a strong third quarter on all fronts, with Karowe continuing to deliver safe, reliable production under our continuing COVID protocols. We achieved just under $73 million in revenue for the quarter, a 57% increase quarter-over-quarter and achieved an average price per carat of $619.

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