Hi BazzM,
have a look at AKM latest presentation (Easist way to access info is from ASX announcments).
Have a look at their M/C then locate where their licences are what is the stike depths of their coal.
Then have a look at DRG's prospectus.
Then look at our licences, How many in comparision? how deep was DRG's strike? where are the licnces in comparison? where are the rail lines when comparing the two? how far to industial part of china are the companies resources? how far from the surface are the strikes?
Also have a look a MOU and make your own comparisons.
None of these factors are currently in share price so we wait for TEEG and any other bonus to prove to teh market what holders believe. If you hold DRG you are onto a good thing.
Sounds like you bought more as a gamble rather that understing the companies possibilities. If you want to buy into DRG you need to look at all these and see the possibilities. If you look at cash v's share price you may not see what compay is looking at doing.
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Hi BazzM,have a look at AKM latest presentation (Easist way to...
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