Other way around: The Andy Well operation was subsequently...

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13/06/25

15:41

Post #: 79425166
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Originally posted by figjam27: ↑

Andy Well produced over 350,000oz at +8g/t for Doray Minerals Limited (“Doray”)
between 2013 and 2017. The mine was subsequently placed on care and maintenance in
September 2017 due to the depressed gold price and competing capital requirements at
Doray’s newly established Deflector Mine. The FY17 AISC were $1,517 with reported
production of 53koz2
 Significant brownfields exploration upside ‐ drilling to target known mineralisation trends
following completion of transaction – previous drilling highlights include:
o TBRC204 – 5m @ 9.4g/t Au from 53m (Gnaweeda)3
o TBRC205 – 3m @ 10.1g/t Au from 96m (Gnaweeda)3
o TBRC206 – 5m @ 15.3g/t Au from 125m (Gnaweeda)3
o WBUG0977 – 2.6m @41.3g/t Au from 369m (Andy Well)4
o JDUG0110 – 2.3m @64.9g/t Au from 177m (Andy Well)4
o SZUG0050 – 2.3m @21.0g/t Au from 247.7m (Andy Well)4

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Other way around: The Andy Well operation was subsequently placed on care and maintenance in September 2017 due to: (i) prioritisation of capital requirements at Doray’s newly established Deflector mine & processing plant; & (ii) the depressed gold price.

MEK Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.0¢		Change 0.000(0.00%)		Mkt cap ! $446.5M

Open	High	Low	Value	Volume
18.5¢	18.5¢	17.5¢	$1.231M	6.899M

Buyers (Bids)

No.	Vol.	Price($)
33	2495216	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	1690854	25

View Market Depth

No.	Vol.	Price($)
32	2481569	0.175
40	2704367	0.170
32	1334182	0.165
32	2960348	0.160
34	3606413	0.155

Price($)	Vol.	No.
0.180	1692757	25
0.185	3404519	24
0.190	4251741	16
0.195	1431715	16
0.200	3140371	19

Last trade - 15.21pm 16/06/2025 (20 minute delay)

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