DRM
Click for more information
0.00% 33.0¢ demetallica limited

I'd say after debt repaid. If they hit 160k oz per year at 1000...

  1. feen420
    119 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    03/02/16
    16:50
    Post #: 16933353
    I'd say after debt repaid. If they hit 160k oz per year at 1000 AISC by end of year - around $80 mill free cash flow, so may repay the 40 mill debt by this time next year - possibly H2 2017 divi?? - who knows.

    I'm looking for the market cap to hit around 300 million short to mid term if all goes well with Deflector and AUD Gold holds up.
    Last edited by feen420: 03/02/16
    DRM Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
watchlist Created with Sketch. Add DRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.