what is dio worth?

Their latest quarterly has forecast 95000 oz at $700 per oz this year. They have 700,000 reserves between FL(450k @6g/t) and SK at (230k @ 1.6g/t)and a further 1.5 mill oz resources.
So:
approx $50 mill net cashflow pa with $5 mill net debt and net assets of approx $100 mill (plant and gold in ground) with no hedging.... Cost control wont be a problem now that they have virtually finished development at FL and SK issues should be back under control within 2 mths.

All up DIO is shaping up to be a monster trade on rising gold prices with leverage galore.

BTW the AUD gold chart looks like its going to 1700-1800 quickly AND I reckon the sellers must be nearly done judging by the stocks performance on Friday.

So what's it worth??? $2-3 a share, my guess.