Dacha Strategic is pleased to announce the estimated market value of its Rare Earth metals inventory. As of July 31, 2012, the estimated value of its metals inventory was US$62.0 million, a decrease of US$1.4 million, or 2.2%, from the estimated value of US$63.4 million at June 30. Assets include metal inventory and cash. At July 31, 2012, in [...]
Dacha Strategic is pleased to announce it has released its financial results for the fiscal year ended March 31, 2012. For more information please see the Company's annual financial statements and management's discussion and analysis posted under the Company's profile on SEDAR. Dacha reported net earnings of US$30.3 million or US$0.40 cents per [...]
Dacha Strategic is issuing this press release at the request of TSX Venture Exchange to provide information regarding the convertible loan it issued to FMAMCo, a related party, for up to C$3,500,000 during the fiscal year ended March 31, 2010. The Company loaned FMAMCo $3,056,118 and accrued interest of $647,732 on the loan. To date the Company has [...]
Dacha Strategic is pleased to announce the estimated market value of its Rare Earth metals inventory. As of May 31, 2012, the estimated value of its metals inventory was US$67.4 million, a decrease of US$5.2 million, or 7.2%, from the estimated value of US$72.6 million at April 30, as reported in the Company's May 3, press release. Assets include [...]
Dacha Strategic is pleased to announce the estimated market value of its Rare Earth metals inventory. As of April 30, 2012, the estimated value of its metals inventory was US$72.6 million, a decrease of US$12.2 million, or 14.4%, from the estimated value of US$84.8 million at March 31, 2012, as reported in the Company's April 4, 2012 press release [...]
Dacha Strategic is pleased to announce that it has sold 2,900 kilograms of Lutetium Oxide from its inventory held in Jurong, Singapore at a price of US$1,750 per kg for gross proceeds of US$5,075,000. Based on the original purchase price of US$309.60 per kg, the Company realized a pre-tax gain of $4.1 million. As at March 31 2012, Dacha held [...]
Dacha Strategic is pleased to announce the estimated market value of its Rare Earth metals inventory. As of March 31, 2012, the estimated value of its metals inventory was US$84.8 million, a decrease of US$5.0 million, or 5.6%, from the estimated value of US$89.8 million at February 29, 2012, as reported in the Company's March 2, 2012 press [...]
Dacha Strategic is pleased to announce the estimated market value of its Rare Earth metals inventory. As of February 29, 2012, the estimated value of its metals inventory was US$89.8 million, a decrease of US$10.5 million, or 10.5%, from the estimated value of US$100.3 million at January 31, 2012, as reported in the Company's February 2, 2012 press [...]
Dacha Strategic is pleased to announce that it has released its interim financial results for the three and nine months ended December 31, 2011. For more information please see the Company's interim financial statements and Management's Discussion and Analysis posted on SEDAR. Dacha reported net earnings of US$57.5 million or US$0.76 per basic [...]
Dacha Strategic announces that as described in its note 5 to the financial statements for the quarter ended December 31, 2011, the Company had entered into an agreement to loan Forbes & Manhattan Asset Management Corporation up to C$3,500,000 during the fiscal year ended March 31, 2010. FAMCo is an asset management company with a business plan to [...]