DML 0.00% 1.9¢ discovery metals limited

dml takeover target, page-64

  1. bri
    572 Posts.
    lightbulb Created with Sketch. 18
    Why not go back to the last half yearly
    equity value net assets----------------257.468 mill
    Number of shares ----------------------487 mill
    Equals 0.59 cents a share

    there is about 0.12cents a share of tax losses in there
    cash on hand a deficit of 11 mill but hedge to come 13

    In anyones language this operating mine is worth a minimum of .60 cents Back of envelope calcs
 
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Currently unlisted public company.

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