Look mate you cant put the horse before the cart. We are waiting to see results of the target sites. If they come back postive share price will increase. If negative it will go down.
I have been in a few from start to nearly production. It involves capital raises, offtake agreements, sound management. Time frame to production is usually around the 4 to 5 year mark. If it postive and you can hold on that long say have 500,000 shares with 3 to 4 dollar range, you will get a dividend that can fund a retirement.
But a company could buy it out or we could sell at a good price. Too many variables to figure out the future. Many will sell and run and others will take their place, that is the ASX. But one thing is certain, Nickel will be in huge demand with the EV revolution. Cheers
- Forums
- ASX - By Stock
- DMM
- Ann: Appendix 5B Cashflow Report
Ann: Appendix 5B Cashflow Report, page-15
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMM (ASX) to my watchlist
|
|||||
Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.688M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DMM (ASX) Chart |
Day chart unavailable