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1.80%

54.5¢ doray minerals limited

Ann: June Quarterly Results Conference Call, page-17

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eshmun

11,185 Posts.

2609

26/07/18

13:35

Post #: 34575374
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Originally posted by Davisite ↑

True and if LJ had been high grading before the last raise then I would say that was wise, but not now. We know from the announcements to date that they mined 22k oz this quarter which is above the previous quarters production. Everything is pointing to this quarter being a good one especially given the copper price last quarter. The current copper price is one of my worries for DRM since it underpins so much of the AISC.

Does this mean you want to see 12 months of good production from mid 2018 or from late 2017 when things picked up?

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How about 12 months from when they rattled the tin to fund their shrinking liquidity. That seems like a good starting point to me.Esh

DRM Price at posting: 37.5¢ Sentiment: None Disclosure: Not Held
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