dra and some of its peers, page-17

Yes DRA needs to come clean - in particular,how much do they intend to produce this year - is it 70k,65k,60k or 55k ozs.Slide presentations highlighting production targets have been non-existent over the last six months.
They produced a lot of cash from operations(and after exploration costs)in the six months to 30Sep10 but it would seem the cash cow has gotten a lot skinnier lately and that could be the case for a couple of quarters to come - it's no use producing figures on what happened last year as the market is only interested in what's happening now and in the next quarter - and it would seem that scenario is not good.
And although there is a million ozs in 'resources' unfortunately there is precious little in 'measured reserves'.
I have never seen the buy side so skinny - it shows that the consolidation has been an abject failure as there is less interest in DRA than ever before - thanks Mr Russenberger for pushing that upon us.