Future production targets of 1 million OZ of silver per annum certainly provides real icing on the cake now for DML. With the silver price forecast to possibly reach $90 per ounce, it could therefore provide a very competitive PE ratio in its own right. Alternatively if we consider Botswana acreage to be only 10% explored, reserves and annual production of silver has huge potential upside also. This component of Discovery Metals business is certainly flying under the radar at the moment. DYOR.
DML Price at posting:
$1.31 Sentiment: LT Buy Disclosure: Held
