DRM 1.80% 54.5¢ doray minerals limited

Ann: Doray Announce Significantly Improved Life of Mine Plan, page-19

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    So what was all that 100,000oz/oz malarkey all about. Not going to happen now as that plan chews through all of the current mine reserves plus some. 100koz was more hot air and market laps it up.

    Believe the AISC when I see them sustained over more than two quarters.

    For now just tell us how much cash you have generated in the June quarter.

    Net cash/debt at end of March was -$3 million.

    Received second tranche of CR raising during the quarter of $10 million.

    Should have $7 million in cash from the raising if cash added is neutral ie = zero.

    Let’s see how many millions you have added to the $7 million LJ. That’s what I want to see, the rest is hot air. Esh
    Last edited by eshmun: 23/07/18
 
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