grahod - sorry but mining is about about getting the stuff out of the ground for a profit - DML have huge reserves and are an extremely valuabl;e company - are they worth 4-5 times TGS????
tiger has been successful in mining 35ktpa and DML is unproven as yet. tgs is ramping up to 50ktpa over the next 12 -18months - ahead of DML. TGS will prove up substaintial reserves during this time and produce at a lower cost.
don't take my word for it - look at the cannacord report on the DML website - dml is worth more as a totoal company but the value is with TGS. call it ramping if you like but i am invested in TGS as it offers considerable value. the DRC situation is not good news but is part of investing in Africa - i personally beleive the risk has been priced tooo far in in the mid 20's.
grahod - sorry but mining is about about getting the stuff out...
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