DRM 0.00% 33.0¢ demetallica limited

Ann: Drilling Progress at Jericho, page-9

  1. 1,840 Posts.
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    I bought into this one today (after previously holding MEP prior to ADN takeover). IMO the risk versus reward looks very attractive with market cap approx. $25 mio, approx. $10 mio cash available for drilling, strong management, an existing Cu resource, attractive growth prospects, a JV with OZL where OZL is paying for the drilling and significant exposure to Cu, IMO one of the metals with the most favourable future outlooks driven by the move to EV's/renewables.

    What's not to like?

    GLTA & DYOR
 
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