I may regret posting this as I have few more shares to buy and ran out of liquid funds...Very amazed at how this sort of a opportunity has lingered around for this long.
DVP provides a very low risk exposure to one of the most in demand commodities of 2024 i.e. Copper. Zinc is not too bad as well (Well on its path to $3000)
Why I say low risk:- $67m restart capex, near term H12025 production, Supported by a tier 1 management team with a value creation mindset
Copper at $4.2 and Zinc pass $2600 is indicative of whats coming later half of 2024 when China starts putting out growth numbers and fed starts to cut rates.
This may not trade sub $3 for too long...
Ann: Woodlawn Production Restart Study - NPV increases by 37%, page-66
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Last
$2.35 |
Change
-0.010(0.42%) |
Mkt cap ! $570.2M | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.37 | $2.30 | $2.617M | 1.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1020 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 2035 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$2.34 |
Change
-0.010 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $2.34 | $2.35 | $2.30 | 63724 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| DVP (ASX) Chart |