DRM 1.80% 54.5¢ doray minerals limited

Ann: Doray Signs Deal to Divest Andy Well, page-24

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  1. 199 Posts.
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    The DRM price today is more the market than anything else. The $1700 gold price is what matters and the next quarterly will confirm where we are heading.

    If DRM looks like it will deliver on 1-5-1 then the market will rerate them. Getting out of AW is a positive with the restoration liability to be taken away, and still potential upside on Gnaweeda.

    Don't panic about DRM. Just need to hope the overall market doesn't collapse.
 
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