hey mate.. I think you are pretty much nailing everything...I...

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CJTJ

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15/09/21

17:43

Post #: 56091940
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Originally posted by rasaj: ↑

There's a lot to look forward to and it certainly seems like we've got a new baseline.

Back of the envelope for me has a reasonable market cap range between say $18m and perhaps an aspirational $30m with the current numbers.

There isn't too much science behind it, but I think that would roughly reflect a P/E of 25 at the absolute upper end. In this environment, I wouldn't be throwing away an opportunity to invest in something that has effectively a 4% return, which is profitable, has zero debt, potential for significant return upside, a net cash position (so reasonable downside protection) and the tax advantages it currently benefits from.

Interested to hear other thoughts and how you may look at it.

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hey mate.. I think you are pretty much nailing everything...

I feel this is hopefully the new baseline too and $30M mc is definitely a reasonable level based on Net Profit achieved and possible profits ahead. At the moment if we were dealing with Uranium or Lithium we would be running hot as is anything involved there now, so a little shine and focus is being lost for us here.. but I am doing my part to promote DDT on the bird and get the word out there. Just hope management can follow up to keep momentum moving up.

Enjoy and appreciate reading your research and posts.

DDT Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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