Not quite there yet but on the way to becoming a Cash Cow for...

Not quite there yet but on the way to becoming a Cash Cow for investors and the m.day if (And a BIG IF) The Company can continue it's upward trend to future profitability and investor sentiment and investor Return On Investment in the continuing year. No need to jump in right now as there will be plenty of time to get in later if the turnaround continues. Bloomberg gives a fully valued price sentiment at .004 for DLC at present. Watching for now. DLC has a history of failing to reward investors in the past but deserves a place on the old watch list!

Cash and cash equivalents at end of period 1,099 Million. Always good to have Cash reserves.​

Overview
The consolidated entity recorded a net profit of $1,219,000 from continuing operations and total operations (2016: loss $172,000).

The total earnings per share for the year was 0.19 cents (2016: loss 0.03 cents).

The total Group revenues from continuing operations for the year increased by 7% to $18,500,000, with the Group recording a net profit of $1,219,000 from operations after accounting for a $913,000 profit on the de-recognition of its former associate, European Lithium Limited (formally Paynes Find Gold Limited) and a $652,000 impairment of its oil and gas property.​

• Release Date: 29/08/17 17:06
• Summary: Preliminary Final Report
• Price Sensitive: Yes
• Download Document 790.53KB