DRA 0.00% $1.86 dra global limited

Profit Announcement, page-162

  1. 390 Posts.
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    DRA share price seems to have been increasing steadily over the past month rising from HK$1.15 to HK$1.50, an increase of 30%. This seems odd considering that the price of gold has been drifting down lately.

    So we have sold our interests in two projects in Finland, Kutuvuoma and Silasselka, for approximately A$6.7m plus 2.45m shares in Aurion. Probably a good move as it gives us capital that can be used more productively. We have about 1.89% of Aurion’s shareholdings.

    Aurion Resources is an exploration company listed on the Toronto Stock Exchange, with interests in Finland. Market Cap approx. CAN$73m.

    Any information on Faboliden? Getting tired of waiting!

 
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