"DML is being bought out for close to a BILLION DOLLARS - we have better production figures, better cashflow and much lower cash costs - do the maths."
Quit the ramping .....
DML have a certified resource base 3 times that of TGS. The big bidders are after tons.
TGS copping a hiding because of sovereign turmoil. Where it will end up is anyone's guess, civil war or a backdown by the rebels, who knows! The DRC is full of guns and corruption, surprised this hasn't happened sooner. The market is valuing this on a worst case scenario outcome.
TGS Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held