DRM
Click for more information
1.80% 54.5¢ doray minerals limited

Ann: Quarterly Activities Report, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. eshmun
    11,185 Posts.
    lightbulb Created with Sketch. 2609
    clock Created with Sketch.
    27/07/18
    10:41
    Post #: 34590152
    Yes. Sorry I was going from memory, just checked and net debt at end of last quarter (March) was -$3.3 million so $3.5 million cash added this quarter.

    Company has an EV of $152.84 million for production of 64,953oz of gold and 3,413 tonnes of copper per annum.

    Happy to let you guys keep it until they show some real cash generation ability.

    Bell Head's target of 68cents would give the company an EV currently of $293.5 million, they wish....lol. Esh
    Last edited by eshmun: 27/07/18
    DRM Price at posting: 36.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add DRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.