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2.37% $1.86 dra global limited

Tnx Dott!Avg Gold Spot has been approx $1100 for the last...

  1. pattyp
    3,159 Posts.
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    08/04/10
    09:25
    Post #: 6545290
    Tnx Dott!

    Avg Gold Spot has been approx $1100 for the last 6-months so lets conservatively assume $1050 and an operating profit of $400.

    Not bad...

    Jan Qtrly says Sep09-Dec09 Svartliden 19K oz and Vammala 12K oz Total of 31K oz... Seems like they may be short on their 75K-80K oz for 2010.

    Regardless, if production rates stay the same and so does gold spot prices, we'll see an operating profit of approx. US$24M.

    Not Bad...
    DRA Price at posting: 80.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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