The Lucapa Diamond Company (LCPDF) is the only publicly traded diamond exploration company that presents clear value amid declines in overall diamond prices in recent years in my opinion. The company was reiterated as a speculative buy this month (January) by Perth-based financial advisory company Euroz Securities, which valued the company at A$0.64 per share (US$0.51 per share). As of January 2018, Lucapa traded on the Australian Stock Exchange (ASX) at .25 (US$0.20), with 355 million in outstanding shares and a market capitalization of A$89 million (US$71 million). This article will explore why