DRAGON ANNUAL REPORT
Produced in 2019
25,958 ounces for $53,100,000
this is equivalent to $2045 per ounce $6.3 million profit ( Includes at $1.8 million rehabilitation)
lets work on todays Aussie Gold Prices of $2698
Same ounces produced ( test mining in Faboliden coming still to come this year) = $70 million
This same formula will give Dragon a profit of roughly $23 million dollars
Once Faboliden becomes full scale- Then the moving target is the ounces produced and ofcourse up or down the gold price
Local Economy- This sector will be good for the local economy- will provide secure jobs- will provide spending which will enhance one of the few areas in the world that will be productive.
It looks on the balance sheet we have more cash than debt- we have upgraded ounces- longer life
Current market cap of 284.62 million - using the 4.64 to the dollar is Aussie currency - we have a market cap of $61.3 million
There are many question relating to what should the Pe ratio should be
Faboliden news, page-52
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.85 |
Change
-0.020(1.07%) |
Mkt cap ! $102.5M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.86 | $1.85 | $148.4K | 80.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 1811 | 1 |
View Market Depth
| Last trade - 12.02pm 12/07/2024 (20 minute delay) ? |
| DRA (ASX) Chart |