DML 0.00% 1.9¢ discovery metals limited

may 2014 production update, page-22

  1. 28 Posts.
    You're right apples - they're not obliged to report monthly production anymore.

    But having done so last month there's probably an expectation that they will do so again - they set that expectation! And arguably one could apply the same arguments as last month's why they should as the debt reprofiling isn't finalised.

    For me, they're in a bind now - if they don't publish then there's a big risk that it will create uncertainty/selling pressure.

    If I recall correctly the plant only ran for 25 days in April due to maintenance shuts - so operating hrs should be up in May. All other things being equal(!) they should have done better in May, but a production report in the vicinity of last month's would be ok
 
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