DML 0.00% 1.9¢ discovery metals limited

Thanks Crisstoff and CPDLC I appreciate it.You've both done your...

  1. 2,739 Posts.
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    Thanks Crisstoff and CPDLC I appreciate it.

    You've both done your homework - a good list to compare with.

    The TGS resource data you provided may need updating resource is higher grade(around 3%Cu) and about half as large as DML's from memory but TGS carries a lot more sovereign risk.

    DML appears to be undervalued given the current resource, the Cu grades and high prospectivity for further expansion.

    I'm mindful that the exploration upside might not be realised for a while as the focus is on developing the current Boseto project and rightly so.

    Quirinus for starters looks tantalising and could add significantly .. given good depth and similar grades have already been intersected.

    Given the exploration upside, I feel there might be a chance for another Boseto or 2 - so maybe allowing 20 or 30 years of shallow open pit mining before the need to worry about underground mining.





 
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Currently unlisted public company.

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