DML now has the same sized inferrred resource as African Coppper, but double the grade of copper . African Copper has triple the market cap at $240m AUD.
Sure African Copper has a mine development underway, but the share price was actually better when it was proving up the reserve as DML is doing now.
Looks as if the recent placement was very well placed with no loose stock. Should gravitate higher under its own steam from here.. gl
DML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held