DRA dra global limited
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The 23rd November can't come around quick enough. The SP is...

  1. Glutten
    307 Posts.
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    12/11/10
    12:47
    Post #: 7466889
    The 23rd November can't come around quick enough. The SP is clearly not going to benefit whilst it sits in DRADA.

    Gold is up in all currencies:

    $1,401 US
    $1,404 AUD
    $1,027 EUR

    Our margin at these prices assuming production of 20,000oz or more would come in around $850 AUD. $850 on 20,000oz is $17m for the quarter and our SP continues to struggle.

    Our bank balance must be looking healthy.

    DRA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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