DRM 1.80% 54.5¢ doray minerals limited

It looks like the rise is the ASIC is due to a lower copper...

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  1. 10,813 Posts.
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    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.
 
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