G'day dreamin, the DFS to be undertaken is the result of months...

G'day dreamin, the DFS to be undertaken is the result of months of negotiations and I would expect that if the Chinese are prepared to spend the time and accept the high costs of it that there's about a 99.9% chance that the project will proceed. I'll say that the funds for the project are ready to be allocated and await only the hoop of the DFS. Having said that I'll also venture to say that a positive DFS substantially reduces insurance costs which can be quite considerable and considered by many lender (financiers) to be an essential. Having reached this stage there's virtually nothing that will stop this project. A couple of strong positives is that the ore concentrates will be shipped to China for processing giving the Chinese a double profit hit, the processors profit and greatly reduced cost of product to end users (should they be the funders). The cost of production in China is ~2.5 times less expensive than in Australia. Should anyone have the time the share price using an PE of 10 (which is reasonable) can be estimated with some confidence and I's suggest that 10c is pretty low. None of the present rise takes into account the other prospects owned by DRX. DRX has the option to float off gold and silica as separate entities which would be a bonanza for shareholders. It also has the possibility of a takeover bid, the price of which can be quite varied depending on who's doing the takeover. At any rate the medium to long term trend should be quite positive. Keep the faith.