DTM 10.0% 1.1¢ dart mining nl

challenge to current management, page-3

  1. 1,532 Posts.
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    Very much in the bottom draw Arg. The board debacle is a concern however the big issue is the zinc / copper separation problem. I appreciate the price of moly has hit the floor recently, but the positive spin the company used to declare regarding comparisons to the Henderson mine has ceased. We appear to be being groomed for a low grade cheaper operation. The $310 million needed for full scale operation simply isn't coming anytime soon, even if the zinc/copper separation issue is resolved. So a long, long term outlook with reduced expectations appears a foregone conclusion.
 
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