The obvious suggestion is that there is a lot of development work in the Sept quarter. The other is that we could start to see ore from De Vinci coming in from the later quarters.
I do think LJ is being very conservative. This is exactly what DRM needs - steady progress and hitting or exceeding all targets. The last thing we need is some wild forecasts that are later missed.
DRM Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held