Worth reading again and again.As at 30 June 2010, Dragon Mining...

Worth reading again and again.
As at 30 June 2010, Dragon Mining had approximately $28.0m in cash, bullion and receivables and debt of 1 million euro which is repayable in December 2010. In July, Dragon Mining purchased an additional 1,468,180 Notes at an average price of $1.05.
Executive Chairman Peter Cordin stated, �This is a tremendous result for the Company and another important milestone. In early 2006 the Company had net debt of approximately $19.3m, a gold hedge book that was out of the money by $35.1m and one operating mine. The Company now has a healthy cash balance, three operating mines and a 2010 production target of 70,000 ounces of gold. In addition, the Company continues to generate strong operating margins with the strength in the gold price and the weakening of the euro and Swedish krona.

Well Peter has made a very upbeat announcement here and congratulations Dragon on some seriously good management over the last few years now putting us in a very strong position to move forward.
The SP will catch up eventually and when it does look out.