Spec101, I don't have all the answers but that second open pit that is planned Q4 has a mined grade of 15g/t Au will will help stem the rise of ASIC costs.
Look, they have a lot going for them at the moment but you would have to think that their margins will shrink as the hedging and 2nd stage pit is completed.
I am very interested in their recent drilling and what they have found. I fear from the recent acquisitions that maybe not too well?
DRM have great management, i wish they would buy ABU they would quickly realize the full potential of that deposit up there in NT.
Just my musing.
DRM Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held
