DML 0.00% 1.9¢ discovery metals limited

anns. and cr thoughts, page-12

  1. 1,057 Posts.
    citi put a sell (price target of 50c) on dml on june 1st citing high cash costs at plutus all but making mining from there uneconomical. i cant recall the breakdown of the bfs cash costs but thought they were closer to 124c for zeta of which plutus is a part. not sure how citi got to 266c. before this update from city they had a price target of 130c. odd that they have totally changed their tune. are they right or have management pissed them off somehow?

 
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