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
$2.13 |
Change
-0.085(3.85%) |
Mkt cap ! $519.2M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.20 | $2.11 | $960.8K | 448.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 21062 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 3843 | 5 |
View Market Depth
| Last trade - 14.33pm 05/06/2024 (20 minute delay) ? |
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Last
$2.13 |
Change
-0.085 ( 4.24 %) |
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| Open | High | Low | Volume | ||
| $2.18 | $2.18 | $2.12 | 92785 | ||
| Last updated 14.53pm 05/06/2024 ? | |||||
| DVP (ASX) Chart |