DRM
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0.00% 33.0¢ demetallica limited

Ann: 2016 Full Year Results Summary and Investor Update-DRM.AX, page-128

  1. bellcurve
    9,423 Posts.
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    13/09/16
    19:52
    Post #: 19130687
    I can't ever recall them saying 160,000 ounces.

    I can recall them targetting 140,000 ounces for a long period.

    Then, when the going got tough, as the problems at Deflector surfaced, they slashed this to a range 105,000-120,000 ounces.

    I'd like to see the tough get going and issue a plan about that longer term target of 250,000 ounces that they introduced.

    I am exposed to their drill bit for now.
    DRM Price at posting: 65.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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