Just wanted to mention that Morningstar have rated Discovery Metals as a '1' ie in the top 10% of current opportunities for the last three months.
Roger Montgomery's valuation system 'Skaffold': "DML's current price of 0.16 offers a 73.2% safety margin to its intrinsic value of 0.58" (derived from the input of three analysts).
Bell Potter and Phillip Capital rate it a hold.
The bankers are happier, a offer seems closer - IMO the odds are definitely to the upside - I bought another 20000 at 0.16.
The weak copper price is keeping a lid on it but hopefully that won't last forever!
Just wanted to mention that Morningstar have rated Discovery...
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