good day for dio, page-3

Yes its trading around about what it paid for the South Kal assests ($45 million).

The fact that will be cashflow negative for another six months (I had expected it to start to be cashflow positive, if only modestly, from the August quarter), combined with the extremely negative sentiment in the junior sector, made me bail (at a considerable loss) in the mid 70's.

Is it a good buy now? I simply don't know, and prefer not to risk it. Good luck to holders.

angus