DML 0.00% 1.9¢ discovery metals limited

We should see a good quarter result for this current quarter:...

  1. 60 Posts.
    lightbulb Created with Sketch. 1
    We should see a good quarter result for this current quarter: The mine is scheduled to go into care-and-maintenance by June 2015 according to the December 2014 quarterly.

    The current quarter should see lower waste stripping costs as the open pit activity concentrates on sulphide ores at the bottom of Plutus Stage 2 and anything that's left from the 'glory-hole' in Zeta open pit. I'm hoping to see more than 6,000t Cu in concentrate for the quarter with C1 costs below USD2.50/t.

    The fourth quarter should also be OK. I suspect the reduced open pit activity in the December quarter as a result of the digger fire will result in extending ore mining and milling by another couple of weeks into mid to late June 2015.
 
watchlist Created with Sketch. Add DML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.