DVP 2.89% $2.35 develop global limited

Woodlawn Underground Drilling, page-35

  1. 1,722 Posts.
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    I must be holding over 100 positions in junior miners on Asx and plenty more globally. I have my fair share of bk and some 10 baggers. Overall I'm feeling quite satisfied from my performance and I take the bk ones as valuable lessons. Since you mentioned RVR...it's another great example of a bk base metal producer with some very nice mines that produced plenty of free cash flows in the past...mining is a bitch and bass metals mining even worse... eware of beautiful projects on paper..history has shown that are the worst and most unexpected failures...develop has a lot to prove yet other than beautiful paper projections and a good management background. Mcap doesn't leave al lot of space for missteps, it's priced to perfection, a small misstep and a huge gap down is guaranteed. If it was a 50m junior I would be more inclined to take the risk. I will watch closely and you never know I may become a holder and hopefully not because of a huge fall..
 
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