DRM 0.00% 33.0¢ demetallica limited

Ann: Non-Cash Asset Impairment, page-5

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  1. 106 Posts.
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    Its a non-cash component and a result of adjusting the mine plans at Andy Wells and Deflector (move to underground mining) so cash flow is optimised. This will produce more cash flow than the previous high production/high cost model so that Gnaweeda production can be ramped up. So a positive and good management IMO LT although obvious ST 'book' issue
 
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Currently unlisted public company.

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