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re: Ann: Doray to Present at Mines & Money Lo... Looking forward...

  1. whitepointer
    1,181 Posts.
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    26/12/13
    14:13
    Post #: 12742038
    re: Ann: Doray to Present at Mines & Money Lo... Looking forward to their first quarterly report in full production.

    Note they currently have 45,000 ounces hedged at $1620AUD.

    With Doray's cost base and the expected volatility of Gold pricing over the next couple of years I would like to see a further 25% of forward production hedged at the current gold price $1350AUD.
    DRM Price at posting: 52.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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