DRM 0.00% 33.0¢ demetallica limited

Andy Well was up and running only 3 months ago and there is...

  1. 2,406 Posts.
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    Andy Well was up and running only 3 months ago and there is still 500000 plus oz Au in situ - but the AISC was getting to a point that it was only break even at best - The negotiations with WGX broke down for a toll treating operation - LJ has been astute up to now and knows they can't leave AW on care and maintenance for long as its chewing up cash - So what has he up his sleeve???? Most CR come back to the issue price but some with CLEVER acquisitions defy the trend and the price increases - DRM have a fully built functional plant - 500k in the deeps at Andy Well and a resource at Gnaweeda close by ....HOWEVER all those options were there before the plant shut down so what is the money required for? Hopefully something VERY CLEVER and we defy the price sapping drain that most CR's occur and actually go up - that spread up to 0.37c in pre-open today was unusual and telling so hopefully Good will come out of this. AIMO and DYOR GLTAH
 
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