Dunav Resources Ltd V.DNV

Share price

[SuperMoney]

DNV share price should shoot up once people realize its true share value by looking at the following financial facts:

The Company had cash and cash equivalents balance of more than $6 million at June 2014, and the company has almost no any debts and liabilities. The current market CAP is only $2.6 million, which is far undervalue the DNV shares!

Given excellent properties/projects, it could easily turn this 1.5 cent stock into a $0.15 issue without any property progress announcements. If you have a speculative bone in your body, this looks like a good bet.

Assets [+]

in Thousands of Dollars

06/2014

03/2014

12/2013

09/2013

06/2013

Cash and Equivalents

6,184

7,132

8,479

9,559

12,721

Restrictable Cash

-

-

-

-

-

Marketable Securities

-

-

-

-

-

Accounts Receivable

83

81

246

568

643

Loans Receivable

-

-

-

-

-

Other Receivables

83

81

246

568

643

Receivables

83

81

246

568

643

Inventories, Raw Materials

-

-

-

-

-

Inventories, Work in Progress

-

-

-

-

-

Inventories, Purchased Components

-

-

-

-

-

Inventories, Finished Goods

-

-

-

-

-

Inventories, Other

-

-

-

-

-

Inventories, Adjustments & Allowances

-

-

-

-

-

Inventories

-

-

-

-

-

Prepaid Expenses

176

177

103

154

200

Current Deferred Income Taxes

-

-

-

-

-

Other Current Assets

-

-

-

-

-

Total Current Assets

6,444

7,390

8,828

10,281

13,564

Land and Improvements

521

588

636

645

632

Buildings and Improvement

-

-

-

-

-

Machinery, Furniture and Equipment

-

-

-

-

-

Construction in Progress

-

-

-

-

-

Fixed Assets, Other

-

-

-

-

-

Fixed Assets, Total

521

588

636

645

632

Gross Fixed Assets

521

588

636

645

632

Accumulated Depreciation

-

-

-

-

-

Net Fixed Assets

521

588

636

645

632

Intangibles

-

-

-

-

-

Cost in Excess

-

-

-

-

-

Non-Current Deferred Income Taxes

-

-

-

-

-

Other Non-Current Assets

-

-

-

-

-

Total Non-Current Assets

521

588

636

645

632

Total Assets

6,965

7,978

9,464

10,927

14,196

Liabilities [+]

in Thousands of Dollars

06/2014

03/2014

12/2013

09/2013

06/2013

Accounts Payable

484

469

828

292

1,051

Short Term Debt

-

-

-

-

-

Notes Payable

-

-

-

-

-

Accrued Expenses

-

-

-

-

-

Accrued Liabilities

-

-

-

-

-

Deferred Revenues

-

-

-

-

-

Current Deferred Income Taxes

-

-

-

-

-

Other Current Liabilities

-

-

-

-

-

Total Current Liabilities

484

469

828

292

1,051

Long Term Debt

N/A

N/A

N/A

N/A

N/A

Deferred Income Tax

-

-

-

-

-

Other Non-Current Liabilities

-

-

-

-

-

Minority Interest

-

-

-

-

-

Capital Lease Obligations

-

-

-

-

-

Preferred Securities of Subsidiary Trust

-

-

-

-

-

Preferred Equity Outside Shareholders' Equity

-

-

-

-

-

Total Non-Current Liabilities

-

-

-

-

-

Total Liabilities

484

469

828

292

1,051

[John2013]

This post has been removed in accordance with Community Policy

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

I made that post when avala trading at was 3.5-4 cents(illiquid). Today at 1.5 cents avala is acquiring dunav for 2.8 mil or so. I hate the deal, call it off and this doubles back to 3 cents instantly. Even with the septic merger this can only go so low and every half penny gain at .015 is 33%

[LeeAnn888]

This post has been removed in accordance with Community Policy

[SuperMoney]

Yes, agree. People are starting to buy at 0.02. No doubt, the shares at 0.02 will be gone fast, and the ASK orders at 0.025 is not much.

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

someone chewing at the avz shares at 2 cents today. Not sure why anyone would buy avala over dunav. Either A. the deal breaks down and dunav remains healthy with a cash balance of 6+ mil while avala is broke or B. the merger goes through and dunav shareholders get 4.5% more avala share per 1 dunav

[John2013]

This post has been removed in accordance with Community Policy

[John2013]

This post has been removed in accordance with Community Policy

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

it don't seem to want to track avala. Too many pi**ed off retail investors while the board showers them with urine

[John2013]

This post has been removed in accordance with Community Policy

[John2013]

This post has been removed in accordance with Community Policy

[SuperMoney]

Given 3.5 cents per share cash and multi million ounces in the ground, it is the best time to buy DNV shares at 0.01-0.015 now for making quick money. Wow!

[JohnnyBlazzwa]

I got some at .01, wish I had bid more as I did not think it would get there. P.OS management and a P.OS takeover= P.OS prices got to bounce sooner or later

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

i would guess investors aren't happy about about merging with a company that brings no cash to the table(thank you garbage management and board). That and gold is crashing. wish pershing securities would foolishly pick at these at 2 cents like they are doing with avala

[SuperMoney]

1.1 million shares were dumped at 0.01 today! The situation seems worse and worse for DNV. Thinking to sell off. This is only my thoughts, not a financial advice.

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

I actually hate EU but good luck with it. not a financial advice(borat)

[John2013]

This post has been removed in accordance with Community Policy

[JohnnyBlazzwa]

EU has a tumor overseeing the board. They also gave most their cash away to timberline. That is my reasoning. Not a financial advice, its a me, a borat