DOM 0.00% $2.95 dominion mining limited

june qtr, page-15

  1. 5,505 Posts.
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    The company rarely puts out production related information in between quarterlies, so I wouldn't be too concerned about lack of info there. It's the general market & gold that we need to be concerned with.

    However, with gold still above AU$1350, DOM will be earning +50cps in FY2011. That's a PE under 5. Euroz have a valuation of $3.56 on DOM now that the RSPT has been dumped. While broker valuations can change with the wind (they can go up/down with market sentiment), it does provide some consolation.

    Anyway, the next quarterly release will be eagerly awaited. I just wish that US companies didn't always report before Oz. We have to endure whatever their market is thinking before we get a chance to see how good (or otherwise) our companies are doing.
 
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Currently unlisted public company.

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