Deflector guidance is excellent, however, this is just the beginning.
With the enormous cash flow generation from Deflector, I expect that Andy Well production will be resumed as there are no cashflow constraints to develop the next ore body. Then we become a 140k oz/pa production co. again.
The next resource upgrade will increase the LOM materially.
I expect the next medium-term SP stop will be $0.50. I have no dry powder left as I have been buying at lower levels but would be happily buying more if I had access to more funds.
DRM Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held