A sign of Good Corporate Governance. Speed of issuing LK.

For Q1'2013, $DKFT sold 896 MT nickels. Revenue Rp 345M vs Rp 208M (+66%). Gross profit margin 39% vs 52%. GM decrease due to increased in export tax quota of $5/ton as explained by management previously. Net Profit Rp 101M vs 76M (+32%). EPS 18/share vs 14/share (+29%). Annualised PE 72/share, exactly as targeted by management.

This report is exactly in-line as forecasted by $DKFT management during public expose. No surprises. Generally good.

Exchange rate used: Rp 9719/USD.