Yeah, the strip ratio is a BIG factor. Once that corner is turned, as indicated, the net cash flow will be very positively impacted. Also in this environment, a lot of input costs will be reduced. Fuel, and maybe even labour. Jobs will be a bit harder to come by now and there will be less pressure to pay such big money. Fings are lookin' up for DIO, hey? 'Bout time.....hm? Been a long, long wait after bailing yonks ago for me, maybe now buy them back again? Just a few.
DIO Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held