Agree - Getting to that in my research.
If they can "Profit" like they should then the CAPEX isn't a challenge.
If they end up with the pretty much the same books as last year, minus the FX mix up, they should have enough cash to move most of the operation forward.
But this rarely works out in reality - More debt or dilution is to be expected/factored.
If they don't ramp production and remain at 60K oz p.a. then it's still probably undervalued by 5c-10c.
The market depth looks very suspicious... Its stacked for a reason imo.
Agree - Getting to that in my research.If they can "Profit" like...
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Last
$1.87 |
Change
0.000(0.00%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4322 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 796 | 1 |
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| Last trade - 10.15am 05/07/2024 (20 minute delay) ? |
| DRA (ASX) Chart |
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