Don't forget they'll get cash from the IPO of Weld Range. Anyway you look at it they're massively undervalued. I just wish the market would see it that way.
Something else I remembered from the conversation with PC. With regards to Chalice (someone mentioned that it now has a higher market cap than DRA - what a joke), the Koka project is a great project but pity about the location. If it was somewhere less volatile it would be a no brainer. However and I quote, "it will be very difficult to get funding for the project". Which a lot of us already knew however, it just highlights the fact. I still think it's a good deal. And what if the government had've opted in for their 30% and at what price? DRA would've ended up with a very paltry 13-14%.
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Last
$1.87 |
Change
-0.135(6.75%) |
Mkt cap ! $103.3M |
Open | High | Low | Value | Volume |
$1.87 | $1.87 | $1.87 | $528 | 283 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5376 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.98 | 6 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 5376 | 1.860 |
1 | 556 | 1.800 |
1 | 4500 | 1.520 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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1.980 | 6 | 1 |
2.010 | 6 | 1 |
2.050 | 6 | 1 |
2.090 | 6 | 1 |
2.100 | 14983 | 1 |
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