I have started building a position here. Valued at roughly 200M including the 60M debt, I am grateful to have the opportunity to get in at around 60 cents. My main concern was around a dilutionary cap raising, and this risk has been reduced based on latest correspondence. Unless there is something we are not aware of, I just cannot see it staying at these prices for long provided the gold price holds. Opportunities like this to get in at such an undervaluation are rare.
Would like some of my other gold shares to look at taking this over at these prices.
- Forums
- ASX - By Stock
- DCN
- Ann: FY 2020 Guidance & Updated 8 Year Life of Mine Plan
Ann: FY 2020 Guidance & Updated 8 Year Life of Mine Plan, page-148
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online