DRM 0.00% 33.0¢ demetallica limited

$1 would put us at fair value future earnings wise (assuming no...

  1. 119 Posts.
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    $1 would put us at fair value future earnings wise (assuming no issues with deflector) as it would be around $300 mill market cap for a 160koz per annum miner @ $1100 AISC (conservative). But I would only expect $1 after deflector is up and running and would be happy to wait all year for that.

    Those few on the sell side should just pull their orders, change them to $1, and sit back and chill for six months

    The gold price driving this rally is really just a bonus - as we would've hit 80c at an Aussie gold price of $1550 given enough time. IMO DYOR etc.
 
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