For me it’s not simply about the operational turnaround. In fact I would say that is only about 20-30% of the investment case. The key is the potential cash injection. We are talking about additional cash upto 1.5 times greater than the market cap, and upto 3.5 times enterprise value. That capital base with the streamlined operations described by pardner can drive even further value beyond that. Although it may be obvious to us who are across the hidden risked value , it may actually take the receipt of physical funds for the market to rerate the stock . They key is to be positioned before when the market places zero value on this highly probable outcome. It’s not a question of will it happen, simply a question of how much
DCG Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held