DRM 1.80% 54.5¢ doray minerals limited

Ann: Quarterly Activities Report, page-17

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  1. 7,325 Posts.
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    I have net cash generation per oz at $323 (stripping out the CR funds). Not bad and should put them on a more stable foundation for future growth. AW/Gnaweeda has been on the back burner, but that might change in the future.

    Ore sorting might help them a little, but i think with their mining at AW, the cost of extracting the ore is very high and any future mining would need to incorporate lots of very low-grade development ore. i.e its a bottom-up method. Ore sorter could help, but would still be an expensive mine to operate.
 
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