DRA 0.00% $1.87 dra global limited

Profit Announcement, page-89

  1. 10,497 Posts.
    lightbulb Created with Sketch. 2092
    Thanks for that - it's very interesting to say the least. The plant at Svartliden has a current throughput of 300kt/pa but Dragon obtained a permit back in 2012 to increase this to 500kt/pa - the initial document canvassing the community did state the possibility of 500kt/pa being processed.
    So it seems that they will expand the plant to process 500kt/pa soon after getting the enviro permit - a 300kt plant will only produce around 27k ozs/pa whereas a 500kt plant will increase this to 45k ozs/pa - so at today's prices yearly revenue would be A$71mil for 27k ozs as against A$119mil for 45k ozs.
    How much to expand the plant? I have no idea but A$20mil should cover it at a guess.
    https://hotcopper.com.au/posts/11142745/single
 
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