DRA 0.00% $1.96 dra global limited

Yoda - Rise you Will, page-6

  1. 312 Posts.
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    Possibly Mr Market has read the Hongkong papers more in detail
    and there is no such 50 000 ounces upside predicted 2019 as hoped by 6969.
    If you want to keep your day dreams, then do not check the facts.
    Investors stuck with Dragon has reasons to hope/believe
    that company would be very lucky with several problems.

    According to Dragon Finnish production is expected to end mid 2019.
    The Fäboliden full permit ounces would be
    5000 ounces year 2019,
    19800 ounces 2020,
    23 700 ounces 2021,
    25700 ounces  2022, and
    10100 ounces 2023.  
    On the next page there is suggestion that underground mining could continue 2-4 years
    after that.
    These amounts compared to current production would appear not to provide large profits, possibly
    even contrary. And the predicted mine lifes are relatively short

    See table 9-2 page  III-106
    http://www.hkexnews.hk/app/sehk/2017/2017101101/a12887/EDM-20171011-34.PDF

    So keep hoping...
 
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