It was an unexpected drop yesterday, considering the great announcement last week. I guess that's the general market weakness, and scaremongering about the end of the resources boom.
I still think that there is lots of upside to this company, and it is well positioned even if markets do continue to drop (particularly with hedged copper prices).
In a couple of years, they will have paid Boseto I off, and will be generating cash to fund Boseto II, III.
All IMO.
DML Price at posting:
$1.27 Sentiment: LT Buy Disclosure: Held
