One or two quarterlies is meaningless if they are high grading the mine. Everyone just wants to believe the company’s AISC numbers are set in stone. Same mistake people investing in BDR made. People spouting off about low PE ratios based on yet to be confirmed sustainable earnings numbers.
Why don’t you tell me what DRM’s earnings per share for FY2018 will likely be. That would be a good start towards getting a grasp on reality.
As I said in a previous post, relative to its production profile, DRM has probably raised more money than BDR since 2016. Capital raisings that aren’t made to expand or acquire are hallmarks of previous broken promises.
Maybe all you guys can get euphoric about the turnaround story, I on the other hand treat these laggard companies with the respect they derseve, none until the bottom line starts doing the talking. Esh
Ann: June Quarterly Results Conference Call, page-10
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