DRM 1.80% 54.5¢ doray minerals limited

DRM Chart, page-11

  1. 23,765 Posts.
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    " 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 .
 
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