I agree DML is going to fly when the market realises the potential upside of the project. They are cheap in comparison to African Copper and DML has the ability to add a lot more resource in close proximity to each other. According to DML another 10Mt of open pittable material will add US$100M to the NPV of the project. In the Qtly report they gave some indications of the results from the drilling at the Plutus Prospect and they seem to be on to a big system there. Some quick calculations suggests that they may have aonther 8Mt at Plutus and they are still drilling. It will be intresting to see what the assays come back with. The first of those assays should be announced soon. Overall, its a good day to build a position in DML. The brokers are rating this a +60c stock in the short term so a 50% gain would be nice. Good luck to all!
- Forums
- ASX - By Stock
- bouncing back
I agree DML is going to fly when the market realises the...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review