Ann: 2016 Full Year Results Summary and Investor Update-DRM.AX, page-127

I know they promised 160k oz and AISC around $1000 and they are now saying 130k oz and AISC...well it's too hard to say but higher than we would like, give us a few months to sort things out.

So I'm getting maybe 30-40k oz less and a slightly higher cost, if I paid $1.20 a share I'd be upset. But at 0.63c I'm happy with my investment and feel compensated for the underperformance.

They still know how to develop mines quickly and on budget, the value will come from additional discoveries and M&A activity. They should be looking at AQQ in my opinion, cheap, large resource, WA based, near production and 100k+ oz potential...but lots of other options out there. I would prefer they got some results from the $15.5mill exploration spend personally.