Comments on: Dacha Capital: A Discussion With Patrick Wong

By: D. Carlton Rossi

D. Carlton Rossi — Sat, 31 Jul 2010 18:40:29 +0000

Dr. Gareth Hatch

The interview was excellent and the response matched it. Thank you.

By: fran

fran — Fri, 30 Jul 2010 14:56:45 +0000

THANK YOU FOR THE RESPONSE TO READER’S QUESTIONS/COMMENTS.

By: Gareth Hatch

Gareth Hatch — Wed, 28 Jul 2010 17:06:55 +0000

D. Carlton Rossi: here’s what I found out… Dacha will not leverage its investment. Dacha would prefer that individual investors choose the risk level at which they want to operate, which might include those investors leveraging their own assets. Dacha will not, however, be using debt to finance its activities.

In addition, Dacha is not looking to forward sell inventory; they are able to consider certain guarantees on small amounts of product. Their set up permits them to trade up to 10-15% of their inventory on an annual basis.

By: Gareth Hatch

Gareth Hatch — Wed, 28 Jul 2010 15:23:17 +0000

In reply to D. Carlton Rossi. prescient11: I am told that Dacha uses Metal Pages and Asian Metal as the basis of the published pricing numbers. They plan to update the net asset value numbers on a monthly basis, going forward. D. Carlton Rossi: let me get a definite answer to your questions, and I’ll post back a response here ASAP.

By: D. Carlton Rossi

D. Carlton Rossi — Tue, 27 Jul 2010 16:28:12 +0000

The business model of Dacha Capital is quite comprehensive.

I have two questions. Will Dacha Capital consider leveraging its investment? Will Dacha forward sell its inventory?

By: prescient11

prescient11 — Mon, 26 Jul 2010 16:16:07 +0000

Gareth,

Quick question, did DAC provide a disclosure as to what REE pricing they were using to arrive at the recently disclosed NAV? Was it Wardrop’s 4 yr average?

Prices of REE, such as Ce and La, have gone stratospheric in the last several days, so wondering if they ever update that. thanks