DRA 0.00% $1.96 dra global limited

Hopefully we'll get a detailed announcement on the HK listing in...

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  1. 6,756 Posts.
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    Hopefully we'll get a detailed announcement on the HK listing in the coming week followed by the Annual Report in the following week.
    Dragon mentioned in the last quarterly report the Faboliden-samrad community report that is in Swedish on their website(sitemap #18). Although I managed to get an English translation, HC won't let me upload it due to a security problem.
    Main tid-bits for me from the report are:
    3000 metres of geological & geotechnical core drilling to increase knowledge of the mineralization distribution to be done in the snow-free period in Q2,2017(Bottom of Pg25)
    Opencast mining amounts to a maximum of 500,000 tonnes of ore per year(Top of Pg29)
    Openpit to depth of 140metres, underground to depth of 700metres. Estimated ore in open pit is 2 million tonnes plus 3 million tonnes underground(Bottom of Pg30)
    Underground extraction rate may reach 500,000 tonnes of ore per year(Top of Pg31)
    Trucks to carry 30 tonnes of ore and do a total of 50 return trips per day(Bottom of Pg31)
    45 full time staff at Faboliden normally(Bottom of Pg37)
 
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