My last late bought tranche of DRM shares finally disappeared from my brokers account this morning . Still not reflected in my brokers account for A1M but probably be there later today or Monday .
A1M has got a bargain which is transformational for the Eloise mine . Pushes the mine life well past 2025 when almost all analysts are predicting a supply / demand squeeze and strong Cu prices .
A1M played down the exploration assets of DRM during the take over but they were one of the reasons why I took a big bite in the DRM IPO . Only got about 60% of what I applied for . Could have bought plenty below the IPO price later but by then most of my cash had been placed elsewhere .
Overall MEP and DRM have been a big win . I did not play it all perfectly but good enough . Fortunately I saw early that the Emperor Had No Clothes at ADN and got out of those I received for the remaining MEP shares I had not sold .
DRM Price at posting:
35.0¢ Sentiment: None Disclosure: Held
