seems like low volume decreasing over last few days. Once BFS is out and then financing they will be greatly de-risked in my opinion. A quick comparison with Citadel for instance. For DML I get approximately $163M cash flow from 38Ktpa, 1.04/lb cost on a market cap of $267M. Compare this to Citadel who will produce about 40Ktpa (net to Citadel)Copper at 0.97 cost/lb for a market cap of 746M. However Citadel is fully funded i think. so on my numbers DML still looks to me pretty cheap. Also, should be alot of drilling to come in the next 12 months as they try to find the next mother lode. These are my own numbers so please check them for yourself. Would also be interested if anyone has their own cash flow profitability numbers for me to compare too?
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