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Lucara can't dish out cash fast enough

Special dividend puts yield at 12% per share

Mining Journal
Cash machine ... Karowe's operating margin was 89% in the first half of 2016

Cash machine ... Karowe's operating margin was 89% in the first half of 2016

With US$210 million in cash by the end of June and the world’s second largest rough diamond sitting in its inventory (think circa US$70 million), the company is distributing less than half of its cash...

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