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0.00% $1.90 dra global limited

Ann: Weld Range Scoping Study Results , page-13

  1. Caromb15
    1,100 Posts.
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    30/08/10
    18:30
    Post #: 7080273
    Recalculation:
    Yes of course Dragon only has a 40% stake.
    This would seem to be be worth around 0.40 * 681 m = 270m
    THat's pretty good for a company with market cap 77m and with good profitable gold mines to boot.
    So may only be 5 bagger (not a 10 bagger) from here for starters.

    Exchange rate calculations will be affected greatly if the USD tanks, as it may. Then the rate that will affect prices will be the Chinese currency- when it unpegs from USD.
    DRA Price at posting: $1.05 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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