@smartdude I think the market is listening you. I agree if DRM...

@smartdude

I think the market is listening you.
I agree if DRM share price doesn't move up then it could be a takeover candidate.
Not bad if the takeover is at 40-50% premium.
DRM indeed is great value here.
My speculation is DRM may reach 170-180 Million market cap in the next 6 months( if the Aussie gold price holds this level) which is 30-35% gain from here. It can be more as crazy things happen in the market.

I have been accumulating DRM since the last cap raise.
From my little knowledge DRM is in great shape now.
Not as good as SLR & RMS......but the valuation gap compensates new buyers.
I was very impressed with the latest quarterly report.
AISC is great and decreasing.
Debt is manageable...company is net debt free when cash in hand is taken into account.
With Gold it also has exposure to the upside in copper.
It just about ticked all my boxes.
I don't think they should Re-start Andy Well until a good cash balance on hand.

One very important characteristic I look for is ......the stock has to be absolute dog.....which DRM has been so far. I operate a kennel and there is only room for dogs. Not enough room for horses.
DRM has been wealth destroyer until mid last year. But the nature of DRM business is changing and in the process of becoming wealth generator.

Let's see if DRM can keep the progressing momentum in all aspects of its business.