DRAGON ANNUAL REPORT
Produced in 2019
25,958 ounces for $53,100,000
this is equivalent to $2045 per ounce $6.3 million profit ( Includes at $1.8 million rehabilitation)
lets work on todays Aussie Gold Prices of $2698
Same ounces produced ( test mining in Faboliden coming still to come this year) = $70 million
This same formula will give Dragon a profit of roughly $23 million dollars
Once Faboliden becomes full scale- Then the moving target is the ounces produced and ofcourse up or down the gold price
Local Economy- This sector will be good for the local economy- will provide secure jobs- will provide spending which will enhance one of the few areas in the world that will be productive.
It looks on the balance sheet we have more cash than debt- we have upgraded ounces- longer life
Current market cap of 284.62 million - using the 4.64 to the dollar is Aussie currency - we have a market cap of $61.3 million
There are many question relating to what should the Pe ratio should be
- Forums
- ASX - By Stock
- DRA
- Faboliden news
Faboliden news, page-52
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.00 |
Change
0.000(0.00%) |
Mkt cap ! $110.8M |
Open | High | Low | Value | Volume |
$2.00 | $2.00 | $2.00 | $20.17K | 10.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1639 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.04 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6627 | 1.925 |
1 | 10000 | 1.900 |
1 | 525 | 1.810 |
2 | 1106 | 1.800 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
2.040 | 5000 | 1 |
2.100 | 46983 | 2 |
2.200 | 16 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 11.21am 15/10/2024 (20 minute delay) ? |
Featured News
DRA (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online