DRM
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0.00% 33.0¢ demetallica limited

resource statement released, page-9

  1. Black_hole
    1,829 Posts.
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    09/02/11
    10:40
    Post #: 7863883
    sorry what does G mean? eg (170G oz)

    DRM has 80% WI, hence 139,200 OZ.

    139200 * $1000 = $139mil

    Why take chance of exploration potential when there are many stocks out there with a defined JORC and price 1/100 of the undiscounted inground value.
    DRM Price at posting: $1.18 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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