DRA 0.00% $1.81 dra global limited

brinkley, page-2

  1. 48 Posts.
    Eurogold Quarterly

    As at today's date Eurogold has a value of approximately 33 cents per share. This consists primarily of:
    1) Cash of $1.9 million
    2) A receivable of $5 million from Tanami Gold NL.
    3) A 41% interest in AIM listed Brinkley Mining Plc which owns approximately 13% of ASX listed Dragon Mining Limited.
    4) In addition, Eurogold owns a direct interest in Dragon Mining Limited of approximately 4% giving a total relevant interest of approximately 17%.
    5) A 16.18% interest in Golden Tiger Mining NL.
    6) A trading portfolio valued at approximately $577,000.

    It is not the intention of the Board that the primary business of Eurogold will be that of a passive portfolio investor.
    The Company has examined, and continues to examine, various investment opportunities in resource projects with a particular focus on the gold mining sector.
 
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