DRA dra global limited
Add to My Watchlist 0.00% ! $1.82

1.4 million ounces of gold

  1. 6969
    290 Posts.
    lightbulb Created with Sketch. 9
    clock Created with Sketch.
    12/10/12
    09:10
    Post #: 10849603
    If I read the report correctly this company Igals between 1.4 and 2.2 million ounces of gold
    They are a current producer between 55,000 to 65,000 ounces now with a low cost base.
    At the current gold prices, we should have our market capitalization in cash in the next 3 to 4 years.
    Then still have a reasonable resource with upside
    To me, this looks like a no brainer
    DRA Price at posting: 76.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
NEWS How to handle a financial crisis and turn setbacks into setups
right-arrow Created with Sketch.
NEWS Strategic investment secured for QLD and NSW bauxite projects
right-arrow Created with Sketch.
NEWS Strong soil results define new gold targets at Tole and Dadjan
right-arrow Created with Sketch.
NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
LM1 High-grade targets in focus as drilling begins at Evanston
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.