DIO 0.00% $1.27 dioro exploration nl

This past couple of weeks there has been heavy, perhaps, forced...

  1. SCD
    3,438 Posts.
    This past couple of weeks there has been heavy, perhaps, forced selling.

    Whatever is behind the motivation of the seller, this has presented a fantastic opportunity to buy the shares at terrific prices.

    Research shows that this company has
    - approx 2.5Moz JORC compliant,
    - a working processing plant,
    - produced 15Koz last quarter,
    - ramping up production in 2 half
    - great grades at Frog's Legs
    - highly prospective tenements for AU and Ni
    - no debt
    - no hedging
    - $20m in cash
    - a piddling market cap of Approx $100m
    - huge upside
    - in the middle of massive infrastructure

    and, and, and...if this company isn't the best junior gold producer on the ASX, then what is!
 
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Currently unlisted public company.

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