Some highlights on the presentation include Funding for Deflector to be conclude by 30th of June , Cash costs at $770 per oz,Gold at $A1566 PER OZ ,ALLAN KELLY SAYS drm IS THE HIGHEST MARGIN GOLD PRODUCER and those numbers support his claim.I suspect this means a Euro bank is in for part of the debt.
DRM to become a 160,000 0unce per annum producer plus 2,500 tonnes of copper and 60,000 oz of silver,.. Is that a profit of $130million ebitda per annum ?
DRM Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held