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龙资源有限公司(1712.HK)新股申购

Dragon Resources Co., Ltd. (1712.HK) apply for new shares

長雄證券 ·  Oct 19, 2018 00:00  · Researches

Summary of duties

Financial resources are mainly explored, opened and processed in the North Asian region. The fair began to operate in the north coast area in 1999 with the aim of focusing on the development of owned and new assets within a reasonable distance between the two production industries of the collection area. We will adopt a long-term strategy, develop new projects in line with economic goals, such as the Faboliden project, and focus on business and social responsibilities, including continuous safety and environmental regulations, to increase value and generate sustainable responsibilities through economic and economic production and production industries. The income of the market mainly comes from the sale of gold through agency B in London, followed by the sale of gold from gold essence to gold essence customers.

Thank you very much.

The geographical location of the collection fund project

Future Force of Faboliden Project

A place where there is a collection of funds.

Negative factor

The volatility in the gold market may have a significant adverse impact on the profitability of the market and the generation of cash flow.

The fluctuation of some rates may have a significant adverse effect on the operation and production of the collection.

The expected production of the collection has not yet started commercial production, and the delay or failure to start production in the previous time may have an adverse effect on the production of the collective production.

The purpose of the income

About 90% will be used to pay the funds needed for mining, capital expenditure and operating activities related to the Faboliden project.

About 10% is used for general financial assistance.

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