Ok... Lets compare apples with apples....
HEM just announced a resource of 4 Million tonnes of DSO iron ore, from their ground in the Pilbara near DMA...
HEM have a mc of 23 Million...
DMA have a resource (only 2% tested) of 1.4 BILLION tonnes of iron ore with up to 160 Million tonnes of DSO in the Pilbara. DMA have a mc of 21 Million...
If that is not UNDERVALUED for DMA then I think its time I stopped trading... The market is a strange thing and she will blowup when things are sorted.
Is DMA the most undervalued stock on the ASX????
E.
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