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Lucapa Diamond Company Limited (ASX:LOM)

ALERT: Price-sensitive ASX Announcement for LOM
Current share price for LOM : $0.014 -0.004 (-22.22%)+
Announcement
Release
27 Feb 2025 6:50PM
Price at Release
$0.018
Full Release
download
Summary
The Preliminary Final Report for Lucapa Diamond Company Limited reveals significant financial results for the year ending December 31, 2024, featuring a rough diamond revenue of US$54.2 million and an average realised price per carat of US$1,980. The report indicates a recovery of 25,341 carats from the Lulo Diamond Mine, including five diamonds larger than 100 carats. The company reported an EBITDA of US$5.9 million and net tangible assets of A$0.31 per share. Additionally, Lucapa divested its 70% stake in the Mothae Diamond Mine in Lesotho and launched an A$3.4 million placement and share purchase plan.
Key Points
  • Rough diamond revenue of US$54.2 million
  • Average realised price per carat of US$1,980
  • EBITDA of US$5.9 million
  • Repatriated US$2.5 million in capital loan payments and SML dividends
  • Lulo recovered 25,341 carats including five diamonds over 100 carats
  • Net tangible assets of A$0.31 per share
  • Divested 70% stake in Mothae Diamond Mine in Lesotho
  • Launched an A$3.4 million placement and share purchase plan
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.