DRM 0.00% 33.0¢ demetallica limited

doray: where to now?

  1. 3,394 Posts.
    lightbulb Created with Sketch. 27
    All the boxes are now ticked:
     
    1. Completion of the BFS
    2. Made FID to go ahead with the project (Final Investment Decision)
    3. Secured financing $55m development and construction
    4. All contracts in place for construction to begin
    5. 12 months transition from gold explorer to gold producer
     
    Bonuses:
     
    1. Right experienced team in placed... new management roles are all ex-Dominion Mining (now KCN) and ex-Avoca (now AQG)
    2. Experienced board, Allan Kelly (ex-Avoca & ex-WMC), Heath (ex-Harmony Gold) and Peter Alexander (ex-Dominion CEO)
    3. Doray to move from 80% to 100% ownership of Andy Well permit (mining lease and native title secured, this covers Wilber Lode and the Judy Zone)
    4. Judy Zone upside can double Andy Well JORC Resources
     
    I had IGR and RMS twelwe months prior to becoming a producer... and they both flew during the 12 months...
     
    This was the same effect for me, when I had FML, Conquest Mining, North Queensland Metals.

    Where to for Doray? Upwards and only upwards.
 
watchlist Created with Sketch. Add DRM (ASX) to my watchlist

Currently unlisted public company.

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