DRA 0.00% $1.86 dra global limited

takeover, page-24

  1. 3,159 Posts.
    Hi Guys,

    Does this all seem about right...?

    -----------------------------
    $10.5M in Cash and Bullion
    $12.1M Debt via 10% Rate Notes
    $43M Net Assets (6c per share)

    760M Shares (Fully Dilluted)
    $61M M'Cap (Fully Dilluted) (8c per share)

    Average Cash Costs US$650
    Average Selling Price US$900

    66K oz in 2009
    75K oz in 2010 (Target)
    90K oz in 2011 (Target)

    No Hedging
    -----------------------------
 
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