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
$1.99 |
Change
0.105(5.57%) |
Mkt cap ! $513.5M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $2.05 | $1.94 | $2.325M | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1530 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 3984 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |