DRM 1.80% 54.5¢ doray minerals limited

Ann: Doray Signs Deal to Divest Andy Well, page-7

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  1. 6,436 Posts.
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    id say the main attraction was actually lowering non productive care and maintenance cash burn

    if you;ve only got one fairly small operation - you want to be able to show max aisc margin and fast cash build.

    esp given there are more gold price bears than bulls atm

    personally id have preferred them to keep the optionality
 
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