low Zircon (10%), so it isn't all that flash. you need to look at the downstream products in HM; Ilmenite is 60% & it's lower value. the better mineral sands projects have much higher Zircon%. take a look at GUN, their Zircon is very high (though not in production, so SP in the toilet).
they would be better placed to sell this asset & concentrate on what the do very well; explore, discover & produce gold.
not a holder as yet, but DOM is firming as one of the better gold stocks, unless they get serious about this major distracyion in HM. I would then pass.
cheers,
ned.
DOM Price at posting:
$3.60 Sentiment: None Disclosure: Not Held