DOM 0.00% $2.95 dominion mining limited

hedging finishes aug2006, page-2

  1. 1,513 Posts.
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    Hi all,

    In all it was a first rate quarterly report.

    If you "look through" the figures you will find that high grade stockpiles have increased and the "true" cash operating cost is probably near the Mar 06 level of $259.

    Only accounting conventions for mining companies have forced cash costs up.

    Only 15000 "cheap" forward sales remain to be delivered (rest are attractively priced at $700)

    As always DYOR.

    Wait patiently for the next quarterly.
 
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