Whilst you're correct with DML vs BTR, the thing to remember is that BTR is in a position of zero debt, whilst DML carries significant debt of over $150million, which in times like these is quite worrying.
Hence, why BTR represents far greater value, not just in terms of its assets, but in terms of the fundamentals that a long term investor looks for. Whilst it may be a great stock to trade, for 85% of the people in BTR, this is a long term stake and the de-risked element of the stock is the reason why.
Cash in the bank.
187mt contained Cu (awaiting upgrade at Kitumba)
Mumbwa results also positive from Kakozhi
Perkoa production ongoing and first shipment made, new income source for BTR.
market cap., page-10
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Last
2.5¢ |
Change
0.002(6.52%) |
Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $348.7K | 14.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 346700 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2977988 | 7 |
View Market Depth
| Last trade - 15.50pm 08/11/2024 (20 minute delay) ? |
| BTR (ASX) Chart |