DML
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0.00% 1.9¢ discovery metals limited

Cupric vs CP Due dilligence, page-96

  1. apples
    5,633 Posts.
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    02/03/15
    17:07
    Post #: 14846377
    NTA & Book Value (even considering the escalating debt) is still well above current market cap.
    The company has not written- down assets in the months following the 2014 Annual Report & BTW, if the stock was still trading the 6 monthly results (due out now) would have probably shown an operational improvement. Copper seems to have bottomed also.
    Very puzzling that the Lending Group would withdraw their support now after been so patient for so long.
    DML Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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