Somebody has to do it.......put their head up and make a call.
The management have held out that there will be an increase in reserves.
The flagged increase has been changed from substantial down to material.
If DOM was a BANK....I would be happy with any increase that was greater than the average of the last 3 years ie 44 % for year on year totals.( showing stable increase in reserves which would be amazing really)
If the announced bottom line Reserve figure is greater than 737280 oz you can measure the outperformance of a mine that is already outperforming.
We should be told in less than 14 days.
DOM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held