I went today and met Mike and Peter and had a chance to chat with them.
They are confident all Dragon's mines will be underground operations in the near future with Svartlidens life extended to 5 years in the short term. Proving up their reserves and extending all 3 mines life is their number 1 priority. As well as further exploration in the region.
Mike was upbeat about the success of presentations in the East. He did express his frustration that SP was not reflecting the companys efforts & that it was being held back by the selling from some European based Investors who had got a lot of very cheap shares when price was very low.
They also will be in Canada from tomorrow to present to a number of institutions in the hope of generating interest in the company. A lot of potential investors in Canada who could see the value in Dragon. This could provide us with a chance to absorb these Swiss sellers (ANZ Nominees). They will be in Sweden after that for meetings with the buyback of the convertible notes a priority they said.
It was an informative presentation with just me and the Auditors present.
Thanks
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