DRM demetallica limited

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  1. 197 Posts.

    The only real problem I see with DRM will be fending of inadequate takeover bids.

    I would really like to see DRM progress through to the production stage so that shareholders are rewarded with the true enterprise valus of this project.

    I would imagine a near-term takeover bid would be in the range of $1.35 - $1.60 which which would value the company at around 130 mill but once in production the market cap would be closer to 250 - 300 mill imo.

 
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