I disagree - looking at all finacials if there in no negative...

I disagree - looking at all finacials if there in no negative ann's or lets say no ann's at all and it just sails along as is - this is looking like the most undervalued/potential 5 bagger/2.5years there is.

NTA at 1.76 current price .34 - i'd expect a run to .47 and break out above back to .60c (my 6mths target) nearly 50% return

up to 2017 - earning $ while paying debt = share price rice


potential positives +

if announcements of divestment DT hi load = dept repay (x? million)
preferred contractor = Ann of contract of 70 mil (don't know the profit margin %)
45 mil in cost efficiency over next 2 year  (debt now 278 mil due in 2019)
88% of all contract now in gold at current prices of AUD 1500+ (gold miners are raking it in)
new gold contracts could be announced.
divestment of non core business could be announce if no recovery in sight

potential negitives -
negative announces may happen
loss of contracts
company with existing contracts go into receivership


to many positives for including that fact the Rod sayers seems to have been on the front foot during the last half and reduced debt, restructured parts of the company and found/started a plan to reduce 45 mil in costs, halted divide payment - the fact that he and management team have already implement these programs and then put it into the interim report tells me that they are pro active and not reactive
if it goes to .21 i'll eat your hat and buy another 100,000 as i see this doubling from there in the next 6 mths to past 40c
http://www.4-traders.com/AUSDRILL-LIMITED-6500484/financials/SHARE