DVP 0.88% $2.29 develop global limited

We are getting poleaxed because we are a recent entry into the...

  1. 852 Posts.
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    We are getting poleaxed because we are a recent entry into the Li development gang and most funds tend to buy and sell a thematic in broad brush strokes. Most people on this thread would appreciate that DVP's top of class contracting business differentiates us from this pack. Why smash us when we are not producing Li or needing to finance a Li development. I expect the quarterly will show contracting to be in rude health and providing us with the revenue to insulate against ongoing negative commodity price volatility. I also expect another mining contract is close.

    So if we have cash, revenue and a portfolio of de-risked assets to come on line, nothing to worry about. Whilst the contracting allows us to weather the storm, we are sitting on a massive Li/Cu/Zn option. When prices turn up, we don't need to build anything. Power WL up and start mining. Start mining PD and process with MIN- no processing capex required. Finance and execution risk's should be minimal under Bills strategy and with his team. Short term we are caught in the general shit storm, but when things turn DVP will explode.
 
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Last
$2.29
Change
0.020(0.88%)
Mkt cap ! $555.6M
Open High Low Value Volume
$2.25 $2.34 $2.24 $1.251M 547.6K

Buyers (Bids)

No. Vol. Price($)
2 4366 $2.26
 

Sellers (Offers)

Price($) Vol. No.
$2.29 15141 1
View Market Depth
Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
$2.28
  Change
0.020 ( 1.08 %)
Open High Low Volume
$2.27 $2.34 $2.23 589404
Last updated 15.59pm 31/05/2024 ?
DVP (ASX) Chart
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