" As a relatively high cost producer increases in the gold price have a much greater effect on profit"
I am betting big it will spit out your $80M in cash flow not on your LOM , but all in 6 months from Feb next year which will make it at least for that 6 month time period have the lowest C1 costs (inc Cu credits) of any goldie on the ASX
All on the proviso Da Vinci runs over 16 grams a tonne on the ROM pad for around 80K ounces , with only really 6 drill holes to go on I know I am being cavalier .
The splay shoot off the Western lode looks like a good follow up target to follow on from Da Vinci .
DRM Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held