Lucara Diamond Corp. · TSX:LUC
Lucara Diamond — Q2 2020 Earnings Presentation
13 slides from Lucara Diamond's earnings presentation, Aug 11, 2020
Slide 1: Q2 2020 Results Conference Call
Q2 2020 Results Conference Call AUGUST 11, 2020 LucaraDiamond.com | LUC.TSX | LUC.XSTO | LUC.BSE
Slide 2: Cautionary Statement
Cautionary Statement Forward‐looking information There can be no assurance that such forward looking statements will prove to be accurate, as the Company's results and future events could differ materially from those anticipated in this forward- Certain of the statements made and contained herein an
Slide 3: Q2 2020 Highlights
Q2 2020 Highlights (All currency figures in U.S. Dollars, unless otherwise stated) Karowe Diamond Mine Clara Diamond Solutions Strong Balance Sheet (100%) (100%) Continued strong operational results & Cash and cash equivalents of safety performance; All physicals Five sales completed in Q2 $13.7 mil
Slide 4: Supply Agreement with HB Group
Supply Agreement with HB Group July 2020 All +10.8 carat stones produced from Karowe Mine Initial price is based on estimated polished outcome, determined through state of the art scanning and planning technology, with a true-up paid on actual achieved polished sales, less a fee and cost of manufact
Slide 5: Clara
Clara Clara sales platform 30 sales completed since inception Manufacturers on ~US$14.2 million the platform have grown of diamonds sold by value from 4 to 46 customers through the platform Thirty sales between December 2018 and July 2020 Focus on growing supply and POSITIVE RESULTS demand concurren
Slide 6: COVID-19 Response
COVID-19 Response Operations Strong and Stable Botswana Government declared mining an essential service in late March 2020. Guidelines being followed include increased travel restrictions, implementation of social distancing and additional cleaning protocols. Focus on protecting the health and well-
Slide 7: Consistent Recovery of Large Diamonds
Consistent Recovery of Large Diamonds Specials contribute ~70% by revenue and ~5% by volume Revenue and production includes 2015 to 2019 Life of mine recovery of Since 2012: 15 diamonds in 10 diamonds sold for > US$ 10 158,000 carats of individual excess of 300 carats have million each (not included
Slide 8: Q2 2020 Financial Highlights
Q2 2020 Financial Highlights Three months ending June 30, 2020 (All currency figures in U.S. Dollars) Revenue (millions) Adjusted EBITDA(1) (millions) $42.5 Q2 2019 Q2 2020 $15.0 $7.5 Q2 2019 Q2 2020 $-10.0 Net income (loss) (millions) Average Price ($/Carat) (1) Cash flow from operations per share
Slide 9: H1 2020 Financial Highlights
H1 2020 Financial Highlights Six months ending June 30, 2020 (All currency figures in U.S. Dollars) Average Price (Average $/Carat) (1) Operating Cost ($ per tonne processed)(1) Cash flow from operations per share(1) $463 $31.16 $0.08 $27.14 $265 $0.00 H1 2019 H1 2020 H1 2019 H1 2020 H1 2019 H1 2020
Slide 10: Q2 2020 Operational Highlights
Q2 2020 Operational Highlights Three months ending June 30, 2020 (All currency figures in U.S. Dollars) Ore mined (tonnes) Ore processed (tonnes) 713,037 705,421 773,861 683,282 Q2 2019 Q2 2020 Q2 2019 Q2 2020 Carats recovered (carats) Carats sold (carats) Operating cost per tonne processed 101,931
Slide 11: Conclusions
Conclusions Lucara is a premier, mid-tier, investible diamond company, positioned for long term, sustainable growth High margin diamond producer Botswana - a low risk jurisdiction 813 ct Strong balance sheet Open pit mineable reserves to 2026, Underground reserves will double the mine life to 2040 A
Slide 12: Capital Structure
Capital Structure ~C$245M 404.6M LUC (June 2020) Market Cap Fully diluted Shares Lucara is a publicly listed company trading under US$19.0 US$13.7M (June 2020) (June 2020) the symbol “LUC” Working capital facility Cash on hand TSX US$31.0M 396.9M (June 2020) (available) NASDAQ Stockholm Credit Facil
Slide 13: Contact
Contact Suite 502 1250 Homer St. Vancouver, BC V6B 2Y5 Email: info@lucaradiamond.com LucaraDiamond.com | LUC.TSX | LUC.XSTO | LUC.BSE