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DIO $1.27

unimpressive

  1. acturtle

    3,800 posts.
    DIO presented at the Melbourne gold investors day today.

    Pretty unimpressive outfit. The MD did not come across that well.

    I cant believe they are yet to finish a Prefeasibility on their underground operation after all this time.

    With mining starting this week you would think there might be a bit of market interest but with their current market cap they are fully priced in my view.

    Sure there is exploration potential but they have sure drill a helluva a lot of holes for what they have and you have to question why with 750,000oz in the ground why they are trucking the dirt and paying toll treatment costs instead of building their own plant form day 1.

    acturtle




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