DRA has sound management (despite paddingtons obvious past history) and have eeked out profits last few years even in the downturn. They had an NPAT of 5.3million while only having a market cap of 28million.
I still believe this company has to be worth more, but the problem is they aren't really expanding deposits very fast, they have somewhat limited reserves (limited 'good' reserves) and part of their profit relies on toll-treating other ores.
It's a complex stock but I generally like it, not a ST or DT play though. It'll hit 50c maybe by the end of this year if gold prices stay above 1200 US.
