DRM 1.80% 54.5¢ doray minerals limited

Ann: Annual Mineral Resources and Ore Reserves Statement, page-40

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  1. 10,813 Posts.
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    Yes 22K/oz is what you get if you go back through the 4C for the FY. That is oz mined, not oz recovered so the actual result is likely to be closer to 20K. That is still a great result for the quarter and depending on the AISC should result in quite a nice cash positive qtr.

    The real value will come in the coming months when they start to mine the higher grade ore identified.
 
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