DIO 0.00% $1.27 dioro exploration nl

notice recd...frogs legs mi res up to 990k, page-8

  1. SCD
    3,438 Posts.
    This past couple of weeks there has been heavy, perhaps, forced selling.

    Whatever is behind the motivation of the seller, this has presented a fantastic opportunity to buy the shares at terrific prices.

    Research shows that this company has
    - approx 2.5Moz JORC compliant,
    - a working processing plant,
    - produced 15Koz last quarter,
    - ramping up production in 2 half
    - great grades at Frog's Legs
    - highly prospective tenements for AU and Ni
    - no debt
    - no hedging
    - $20m in cash
    - a piddling market cap of Approx $100m
    - huge upside
    - in the middle of massive infrastructure

    and, and, and...if this company isn't the best junior gold producer on the ASX, then what is!
 
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Currently unlisted public company.

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