Gold over 1400 AUD, just a matter of time before the buyers come back.
After all that has happened to the share price recently i still think this was a really good call by management. They've shown vision and a plan for the future, the share price has just been the result of a few short sighted investors not being comfortable with the unavoidable risk this decision brings. Long term this will be seen as the turning point that made DRM, well played Allan Kelly and his team.
Just think how much it would have cost to rely on exploration to find a similar type resource. It wouldn't be cheap, definitely wouldn't be guaranteed and would take a lot of time.
DRM Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held