Member Info for dcgc

Thet said drilling would start towards end of January /early February. They are now well financed to drill some very exciting prospects. I think the outgoing CEO was more of a field man whereas we now need corporate expertise to enhance our market capital which I think we lacked under the previous management.

Will they be able to sustain the level of dividend payments and fund the £9 mil payable over 3 years to Parkmead in respect of the recent asset purchases. There is also contingent payments amount unknown in respect of targets attained from these new assets.

I think the market treats this company as an income share and questions it`s ability for growth which asks the question will they be able to fund future dividends. LGEN also falls into this category.

I hold both obviously for income with the hope they prove the market wrong.

I can`t see this dropping from 113.8p as of today to 104.5pxd tomorrow so I think there is a gain to be had.

3rd Qtr results out next Thursday. They incurred several shut downs in the 6 mths ended June 30 which hopefully should now be producing.

With a yield of 10.9% tax free if within an ISA i`m happy if they can hold their own price wise.

Certainly more interest overnight in Australia with just under 6mil shares traded more than double the average.

Up 16.66% in Aussie land last I looked.

14th August. Looking forward to latest report and update.

15th August.

L`Oreal have a market capital of over £200 billion I believe, a nice target to aim for. I`d be happy with 1% of that.

I`m satisfied with the results coming out as expected and paying a decent dividend under the new system. These are difficult times but management seem pleasantly optimistic .

I agree with Craigb and a near 10% yield. You can`t expect double digit growth on top of that yield.

They have been pretty much up front with the current position accepting it `s been a bad year capital wise .I bought into this share for income which has increased .They have analysed where things have gone wrong and the reasons why and now feel this coming year will enable them to get a more balanced income/growth portfolio taking money from reserves to support the dividend if necessary as I read it. I`m sticking with them.

You should get 17.6409 pence per share by my reckoning if you are in the UK.

No chance RGL have been selling their retail assets over the last 18mth or so to invest in offices . New River Retail could possibly be interested.

I don`t think the market has recognised the significance of these latest drill results which are exceptional for a company of our size. No wonder the BOD are excited.

We should get the 2nd Quarter update early next week so that is more likely to determine where we go from there. I`m not a fan of charts for this type of share.

I don`t see how you can blame management for the lab error. What would concern me more is the fact that we recently raised money before this error came to light. Could the investors in the placing now claim compensation ?

Will this error affect the recent fund raise ?