Doray make significant production and profit growth in FY15

Production increased by 15% to 88,736 ounces, against an upgraded guidance of 85,000-90,000 ounces, following the increase in the size of the high-grade Wilber Lode Stage 2 open pit and significant improvements in controlling dilution underground at Andy Well throughout the year. Revenue increased by 21% to $134.1 million as result of the increased production and the Company’s decision to undertake a forward sales programme for approximately 40% of the year’s production, thereby achieving an average gold price of approximately A$1,495/oz.

Allan Kelly, Managing Director
Managing Director

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