DRM 1.80% 54.5¢ doray minerals limited

Ann: Doray Signs Deal to Divest Andy Well, page-10

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  1. 23,765 Posts.
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    TO me DRM will only ever get $6M , I can not see the mine covering costs to be profitable without a massive capital injection of at least $20M , but as you all would say what would I know .
    But even at $6M I am happy with the deal from the buyer , as there are other monetary benefits and intangible benefits , no need for continued dewatering costs for DRM , and it the environmental issues are someone elses problems , less worry for LJ and he can concentrate on Deflector , which for all appearances seems to be personally having to shoulder too much of the burden on .
    Sorry for the ramble , already scoffed 6 bottles of speights in the last 2 hours
 
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