I have done some Analysis in the Annual Report and it appears...

I have done some Analysis in the Annual Report and it appears there are a few areas DML can 'improve' upon.

But very briefly, can someone confirm the following please.

1) On page 61, Revenue from Copper and Silver Sales for the period July 1 2013 -> June 30 2014, is ~$120M.
2) On page 103, to produce this $120M, DML used ~42 Megalitres of Diesel.

Does anyone know the price per litre that DML would be paying for the type of Diesel they would use in the loaders and the generators delivered to the mine?

Assuming a cost of $1 per Litre delivered, then 42Megalitres is $42M. That is 30% of Revenue!

DML report 17Megalitres was used to power the generators to drive the crusher etc, so I am thinking that a Solar Plant close to the Crusher producing about 12MW for an investment of about $20M would pay for itself in 2 years and add another $10M to the bottom line (assuming 50% daylight on average)

The only good thing to come out of this, is that with the price of Oil falling, for every 2% drop, DML make an extra $1M EBIT. Since we have been in a Trading Halt, Oil has dropped 12%, so that should be another $6M EBIT if the price of oil stays at the current levels. But I am guessing they have hedged their oil purchases - although I couldn't find any mention of that in the Annual Report either.

So if anyone knows what price DML would pay for Diesel delivered to the Mine and if DML hedge their Diesel purchases, can you let me know please.