2023-11-13 04:19:38 ET
- Lucara Diamond press release ( OTCPK:LUCRF ): Q3 GAAP EPS of $0.02.
- Revenue of $56.9M (+14.0% Y/Y).
- Adjusted EBITDA was $21.9 million (Q3 2022: $13.8 million).
- Cash flow generated from operating activities was $15.9 million.
- Changes were made to 2023 guidance for revenue, diamond sales, ore and waste tonnes mined, and total operating cash costs per tonne processed.
- Diamond revenue (millions): $160 to $190; Diamond sales (thousands of carats) of 365 to 385.
- In 2023, capital costs expectations for the underground expansion remain at $105 million. Sustaining capital and project expenditures may be up to $16 million in 2023, previously up to $20 million.
For further details see:
Lucara Diamond GAAP EPS of $0.02, revenue of $56.9M; updates FY23 outlook