It looks like the rise is the ASIC is due to a lower copper credit as the price of copper came down quite a bit in the last quarter. Also not quite as much copper produced this quarter compared to last quarter (I guess this is a function of the ore going in).
Overall very pleasing progress towards the 1-5-1 target. With the debt gone and the hedge unwound then DRM should start to throw off some serious cash next year. I just hope LJ stays disciplined and doesn't go on a spending spree.
DRM Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held