DIO
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0.00% $1.27 dioro exploration nl

bargain?

  1. nevcop
    1,350 Posts.
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    11/12/08
    13:00
    Post #: 4595031
    Mkt Cap@ 34c= 24M

    Expected production 2009= 90k oz

    Cost per ounce currently $850AUD and dropping.

    Gold@ $1250 AUD = profit of $400 per ounce.

    90k ounces x $400= $36M PROFIT in 2009.

    Selling below P/E of 1.

    And today Gold gains $40 and Dio drops....

    How come?
    DIO Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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