Lucara Diamond Corp (TSX:LUC)
C$ 0.53 -0.02 (-3.64%) Market Cap: 248.15 Mil Enterprise Value: 482.48 Mil PE Ratio: 0 PB Ratio: 0.73 GF Score: 56/100

Q1 2022 Lucara Diamond Corp Earnings Call Transcript

May 06, 2022 / 02:00PM GMT
Release Date Price: C$0.62
Operator

Good morning. My name is Aniz, and I will be your conference operator today. At this time, I would like to welcome everyone to the Lucara Diamond 2022 Q1 Results Conference Call. (Operator Instructions) Thank you. Ms. Eira Thomas, you may begin your conference.

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

Thank you very much, operator, and welcome, everyone, to Lucara's First Quarter 2022 Results Call. We began the year on a very positive trajectory, delivering another strong quarter of operating and financial results in the first quarter, reflecting solid performance at the mine, combined with a healthy sales mix and continuing buoyancy and diamond prices. I am going to be making some forward-looking statements, and I do encourage you to review this cautionary statement, which is available on our website.

In Q1, preparation for main shaft sinking is now well underway and is anticipated to begin in Q2. Our multi-channel approach to sales through tenders, Clara and HB continues to mature, creating alignment along

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