As a long term investor I see huge potential with this company as it builds itself into a mid tier producer over the next years.
Yes the sp has shot up over 2009/2010 but the market cap is still a fraction of most copper producers. With Besoto deposits still open we can assume further resource upgrades there and looking further this could well be only the first step in developing a new copper belt in Botswana with DML having first mover advantage and huge unexplored ground. I feel Soros buying in is more about the future potential than just Besoto. Dikoloti is just an example of the additional resources that DML may look to develop over the next years.
If this turns out to be another Equinox or PNA in the making then sp will be at a multiple of todays price.
BR Max
DML Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held
