DRA 0.00% $1.87 dra global limited

Ann: Quarterly Activities Report, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,744 Posts.
    lightbulb Created with Sketch. 2250
    Yes very frustrating stuff... it seems the greenies are in charge.
    Concerning that their available cash decreased by $1.9mil to $8.6mil after a $5mil increase in payables - can only surmise that this money has been spent on capital equipment to mine Faboliden so hopefully not much more expenditure required.
    Approval of the full EIS might just dovetail into the completion of the Trial Mining period so that there is no stoppage in production in 2H17.
    The quarterly costs of $1.85mil+ in running Svartliden whilst waiting for Faboliden production are irritating to say the least.
    Good to see the two Finnish operations are running at a positive cashflow level that will become meaningful once Faboliden is in production.
 
watchlist Created with Sketch. Add DRA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.