Seems why have a company now and it is a bargain a these price levels. Incl. the Canadian placement we have a market cap of 187mA$ - 37mA$ in the bank + some cash near assets (ready to sale gold stock). Sometimes next year we are going to produce some 120k oz at cash cost (inkl. financing cost) of 490A$/oz. At 900A$/oz we're going to make an op. profit of almost 50mln A$. Keep in mind that DOM is producing 100k oz at 360$oz op. cost with a cap of 500+mln$
Lenni
DIO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held