Lucara expects profit jump
Tuesday, December 06, 2022 | 770 Views |
For this year, Lucara executives expect revenues to range between $195 to $225 million (P2.5 billion to P2.9 billion).
In a notice last week, the diamond company’s president and CEO, Eira Thomas said up to 425,000 carats were expected to be recovered next year, up from a forecast of 340,000 carats this year.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...