Daisy13...
Hedging at $500 US is under control now and only 2-3 months or so left on that one.
Convertible notes are being bought back by DRA at a 30% discount. i.e. each $ the borrowed costs them only 70 cents to repay.
Risk of dilution reduces as more CN's are bought back.
Profitable operation now, pruducing steadily.
New resource estimates and finds out.
Production cost slightly above hedging price, but lots below spot price.
Cash in the bank.
No sovereign risk.
Excellent management team now.
DYOR
why has the hc sentiment changged to posetive, page-3
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Last
$1.86 |
Change
0.000(0.00%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 1999 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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