It is clear that insiders were getting set yesterday with this announcement - it is a bad look. I guess ASIC would be wringing its hands??
This is actually a great ann - thanks Brad. It shows that in spite of the great difficulties the co has been operating under (CFC, etc) they have kept their eye on the ball.
The co is sitting on a massive copper belt - that was the initial attraction. It is now starting to show what the potential is. Hope the banks support them to the hilt - another few months and the takeover merchants will be licking their wounds!!!
Have changed my sentiment from none to LT Buy!
DML Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held