DML 0.00% 1.9¢ discovery metals limited

today's afr, page-26

  1. al1
    2,034 Posts.
    lightbulb Created with Sketch. 51
    looking better at this stage as we close in on the 16th

    buys 15,969,308 v sells 7.8 mill
    low 12 high 14 last 13.5

    turnover ..stable...6.7 mill..

    blocker at 14 for now 1.6 mill....but may get rolled as we move to close

    afr article
    points of interest
    Premium of approximately 88% to the 20-day volume weighted average price

    Cupric intends to advance the Ghanzi project through
    the design, construction and operational phases of its development.
    cheaper to buy an existing NEW Operational plant nearby
    saves time,money and brings in immediate cash flow once new ore is introduced and operational expenses are reduced

    but I feel cupic is building this little empire with an near term buyer in mind...the buyer not wanting to show themselves as it would spike the price


 
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